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Sid trade
- Thread starter sidbunch
- Start date
Ouch, thanks for the transparency. Its almost like all you need is a tweak to keep out of big losses. But it seems like most of what you're doing is working.monster MONSTER rally and i'm forced to liquidate most of my positions here for large losses
Luckily my 3k starting balance is still in the green (about £5200 current balance)
More or less flat here and seeing what to do next. Maybe start thinking about longs now instead
monster MONSTER rally and i'm forced to liquidate most of my positions here for large losses
Luckily my 3k starting balance is still in the green (about £5200 current balance)
More or less flat here and seeing what to do next. Maybe start thinking about longs now instead
Pure coincidence we had 2 3% day´s in a row right after i said this:
Make sure you don't get caught on the wrong side of the market for too long since you like to add on a lot to a losing trade, that can eat away your profits in no time if the market rallies 3% in a day.
But nice work, keep it going!
These kind of day´s are why a solid exit strategy in case of losing trades is so important. It´s not only about how much you make but also about how much you don´t lose.
it's all good. I'm still nearly at double my starting balance.Pure coincidence we had 2 3% day´s in a row right after i said this:
These kind of day´s are why a solid exit strategy in case of losing trades is so important. It´s not only about how much you make but also about how much you don´t lose.
On we go
it's all good. I'm still nearly at double my starting balance.
On we go
Untill it happens again.
I don't mean to be offensive or something like that, but losing like 25%-30% in a day or 2 isn't all good and isn't sustainable.