Day traders' weekend lounge March 18 - 20, page-36

  1. 519 Posts.
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    i just traded MAY, AVL, and AJL all week, did well.
    Learning to exit well was one of the hardest lessons for me. It can really hold you back too - aside from trapping your cash or making large losses, mentally I was afraid to make large trades because if you don't exit well it really adds up.
    I got past it by setting a hard loss percentage - anything over -8% gets sold no matter what. I also made a performance metric out of it - how many losing trades did I exit that fell further - that's a win if you stop yourself losing more money.
    Have a good weekend biggrin.png
 
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