Quote from i_c_fed_people:
just part of the game.
95% of trades give me +3 - 5 points with no heat at all.
5% of trades i have to take some heat on, but in averaging in I always end up in profit. Dont forget the +7 points or so on add-ons as part of this trade.
I just have to accept that this happens on rare occasion and deal with it.
Take the good with the bad.
I like how people pounce when this rarity occurs and the dismiss previous gains.
Anyone can tally up all my posted trades to see how im getting on though
Good luck all.
What do you plan to do when we enter another bear market?
Retire ?
How do you know that you won't be averaged in with such large size and no stop that it erases every previous gain due to the fact that your brain is now programmed to never take a loss?
300 previous points of profit means nothing if you get caught with 10x the size and 100 point drawdown.
For the record I like everything about your trading except the lack of patience to buy just on pullbacks and the no stop loss rule.
