Sure it will fail sometimes but a trader has to have things in place to mitigate the loss. You have to have your stoploss in place big enough that will keep you in the trade but also take you out if price gets to the stoploss and to do so within your risk levels. If a trader cannot do this then...
That is not the best situation trading whether day trading or swing trading, letting 1 contract go against you 1000 or 1500. You got the direction wrong long ago. You should have dumped it and waited for a better opportunity IMO. What is 48 hours to a swing trader? Answer: a loser if you hold...
Well I disagree with most traders on this. It can be profitable but has to be done in the right context. In a range adding long in bottom third can be a profitable tactic. Adding more as it moves against me then waiting for a reversal back up towards the middle or top of the range.
Mr T was right. AGAIN! Great win for Mr T. He continues to win. The elites have been outfoxed, out maneuvered, outdone.....decimated and put to shame....they will not rise up from this heap of ashes. Tis over. Mr T has won. Again! AGAIN, AGAIN,
MAGA
Good grief!....best make haste and check those cholesterol and tryglycerides levels. They may be high. I like ribeyes..oysters and such but seems like you guys eat alot meat.
No no no! I hope you get a big profit that makes your previous hit seem so small. Good grief man I would never wish for you to take a bigger hit. You misunderstood me. Period.