xjo weekend zoomba lounge, page-41

Nothing is a given. That's why a trader should always set their stop before doing the trade, of course you don't have to, and many times I haven't, in fact most of the time I don't, I'm still learning, as are we all. However I would have saved myself bucket loads of psychological capital in the past (which is just as important for trading as financial capital), by setting the stop before I do the trade. When I set the stop before the trade every time, I will know then that I have become a master trader. Until them, I'm just a hack novice.