mrtrader2005
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oh dear oh dear.. all my pennies gone
its a grim day for the ftse...
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mark twain uk
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You mean "It's a grim day for mrtrader2005", don't you.
Have you been wiped out? If so, what is the order of magnitude of your loss, hundreds, thousands, any other amount?
Have you been wiped out? If so, what is the order of magnitude of your loss, hundreds, thousands, any other amount?
mrtrader2005
Newbie
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i believe i lost 250 on that trade..
mark twain uk
Established member
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mrtrader,
you've got a long way to go, some of us on these boards have lost tens of thousands and managed to come back
read as much as you can and trade only when a trade is screaming at you, avoid overtrading, tight stop losses and keep the size of your bets as small as possible. Work out the risk and have a target of, say, 5% profit per month (calculated as a % of your trading pot). Don't be too greedy or you will lose everything.
you've got a long way to go, some of us on these boards have lost tens of thousands and managed to come back
read as much as you can and trade only when a trade is screaming at you, avoid overtrading, tight stop losses and keep the size of your bets as small as possible. Work out the risk and have a target of, say, 5% profit per month (calculated as a % of your trading pot). Don't be too greedy or you will lose everything.
