Quote of the day

Pat494

Well-known member
Mar 27, 2004
13,037
1,221
223
#56
An appreciation of art is the difference between a savage and a civilized person.
:smart:
 

darktone

Well-known member
Nov 2, 2003
3,917
999
123
#60
Wide or tight stops you are going to have losses , if you dont have losses then you are a bad trader , look at the very profitable HFT operations , they dont have many losing days in years but half their trades are losses .

Dont avoid losses per se but concentrate on winning bigger than your losses . The market doesn't differentiate between stops and TP orders its all in your imagination , so when the market drops to 10000 it could be an area filled with TP orders .
:p