#9 EARNS THE RIGHT TO TRADE BIGGER
June 3, 2024
For Serious Investors Only
June 18, 2024
10 GET OUT OF YOUR LOSERS
You are not a loser because you have a losing trade on. You are, however, a loser if you do not get out of the losing trade once you recognize that the trade is no good. It's amazing to me how accurate your gut is as a market indicator. If, in your gut, you have the idea that the trade is no good then it's probably no good. It’s time to exit.
Every trader has losing trades throughout the session. A typical trade
day for me consists of 33 percent losing trades, 33 percent scratches and 33
percent winners. I exit my losers very quickly. They don't cost me much. So,
although I have either lost or scratched over two-thirds of my trades for the
day, I still go home a winner.
About Author
I am Ninoslav Golubovic, the owner and CEO of MAPROFX my FB Page find here and Instagram here.
As per the job profile, my first work is to determine the signals of forex trading and guide my team members in that direction. The next work that I have is to
ensure that the risks associated with this trading are minimized to the maximum extent and so that people get maximum profits.
