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Golden rule.... ask yourself how much you are prepared to lose...

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    Golden rule.... ask yourself how much you are prepared to lose if your initial entry goes south.
    This is were you set your stop loss.
    If your hurting you've over committed and didn't use a stop loss.
    The name of the game is to protect your trading capital.... if you lose all your chips, you cant bet.
    If you still believe in the company you can always buy back in at a lower price point.
    Now go and watch "Wall Street" the movie (original) and listen to what is said.(Quotes)
    Its my reality check Bible.

 
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