After a winning trade

E

epetrov

Hello Everybody,
I was asking myself about the following rule: "after a winning position stay away from that market with the next set up".
What do you think abot that? It is truth of just BS?

See thet attached file: the winning trade in the blue box and the questionalbe one in the red one.
:)
 

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I think it's even better to go in right after a winning trade, not only have you just got yourself a moral boost by WINNING you also are inside of a trend and if you are in a market you know well that'll mean that you can keep things going. I think the only time it might be good if it's at the end of the week and the markets are going to close for the weekend.
 
Quote from epetrov:

Hello Everybody,
I was asking myself about the following rule: "after a winning position stay away from that market with the next set up".
What do you think abot that? It is truth of just BS?

See thet attached file: the winning trade in the blue box and the questionalbe one in the red one.
:)
More...


Depends

If the market handed you $50.00, $500.00 $1,000.00, maybe $5,000.00… whatever

Would you take it and respectfully say – Thank You may I have another – then go get it..

Or would you get the big head, the adrenalin kick, and start thinking you’re 10 foot tall and bullet proof – now give it to me


Market will give you – exactly what you take…, it will take whatever you take for granted – and it will continue to take for as long as you decide to fight it…


imho – Best you ask yourself - then listen


RN
 
When you are hitting you keep ringing the register.

It is not uncommon for me to string together 10 or 15 winners in a row. Never in my mind am I thinking I should not take the next trade because I just made money on the last.
 
Quote from epetrov:

Hello Everybody,
I was asking myself about the following rule: "after a winning position stay away from that market with the next set up".

:)
More...

What is your rule if you have a losing trade?

Why would one be different from the other?
 
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