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"You do have control over your loss, your stake is your loss." I beg to differ. Once the dice has rolled (card is dealt, etc) you no longer have any control. The amount you will either win or lose is totally out of your control. You cannot make a sudden decision to retract your bet and get...

.....But surely Money Management should be a PART OF your system? Not just an after-thought, but an integral part of the whole system.... Also, re the compairson to a casino... There is a huge difference between gambling and trading. In trading you have control over the size of your losses...