RickM, I think that way is truly a very powerful way of trading, and one of the few simple ways to maximize RR. Minimize losses, and not only let winners run but magnify them to the point where a few of these a year can make your trading year a winning one.
I think once people realise how this works, and keep in mind your earlier advice to judge your trading monthly rather than say daily, people can go from losing to winning traders.
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Forex Monthly Trading Thread and setup ideas, page-2684
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