Tired of Cutting My Losses Short

There is no conspiracy theory, it just that smart money beats dumb money every time. I am a proponent of tight stops and staggered entry points. It will always come down to trade management followed by money management in my opinion. Good luck all.

Happy Pip Hunting!!!
 
Calm yourself, I used to be an emotional trader and guess what? It DOESN'T work. I don't even have P&L on my screen anymore to keep detached from winners and losers. Emotions play a big role in how you trade and they SHOULDN'T.

Quote from enkidu:

FUCK!! I'M TIRED OF THIS SHIT

I pick a side, I get out before my loses get "too big" or I feel like I'm wrong for some reason. I get out when "my reasons of getting in don't seem valid anymore."

and then BAM the market moves in my direction. FUCK. FUCK.

If I had just stubbornly held on to my positions I would have made so much money. WTF! WTF! AAARRRGGG!

Maybe I just don't have the balls or belief in my convicitons and intuition. FUCK!
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Quote from Cutten:

Reduce position size and widen your stops.
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I agree with Cutten. I had the same problem and drastically cut share size. Now I am capable of holding on for longer periods of time and more often the trade comes back to me, but you also have to be careful...have a predetermined stop.
 
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