Tuesday, January 8, 2013

7 stop losses in a row

7 straight stop losses hit but that is what trading is all about, the total loss on 7 trades is Rs.13620. These trades show us why we should respect the market and manage our risks. As written by many great traders accept the responsibility of your losses and profits and that is what we are sticking to. It is not that we would be shouting from the roof when making profits and go down in a slumber when making losses.
We believe in our systems and know that profits and losses will occur, that is why risk management is the most critical aspect of trading more important than analysis.

No comments:

Post a Comment