Quote from CFerret:
Got lazy a bit and took a super expensive bath (expensive cause missed some good trades cause of it)...
But if seriously still need to learn to keep head still after monster trades otherwise it gets impossible to trade more after them at the same day...
As for big losers - in my experience better to have a critical max. risk point BEFORE you enter. My initial stop-loss is always in together with entry order.
This way worst that can happen is max. initial risk. Well, maybe several more ticks of slippage if I open against some spiky news, but that's all.
Hope it helps...
always a hard stop..
it's ok to be wrong and holding it, within a given limit..

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