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Old 05-14-2008, 01:17 AM
FerruFx FerruFx is offline
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Good post.

Quote:
Originally Posted by dekac View Post
Hope is one of the trader’s biggest enemies.
Hope is the reverse side of discipline.

Quote:
Originally Posted by dekac View Post
These little extensions of stop losses add up and suddenly without noticing you are losing more dollars per trade than planed making your risk/reward ratio turn against you...
Never move your stop loss ... unless in the right direction (in your favour!).

Again, this is D-I-S-C-I-P-L-I-N-E.

Accept your loss.

FerruFx
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