
NEVER TURNS A WINNER INTO A LOSER
May 27, 2024
#6 DEVELOP A METHODOLOGY AND STICK WITH IT.DON’T CHANGE METHODOLOGIES FROM DAY TODAY
May 29, 2024 YOU’RE BIGGEST LOSER CAN’T EXCEED YOUR
BIGGEST WINNER
Keep trade log for all your trades throughout the session. If, for
example, you know that, so far, your biggest winner on the day is five e-Mini
S&P points, then do not allow a losing trade to exceed those five points. If you
do allow a loss to exceed your biggest gain then, effectively, what you have
when you net out the biggest winner and biggest loss is a net loss on the two
trades. Not good!
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.