I tend to cut bad trades as soon as possible, forget them, and then move on to new opportunities. The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you follow these three rules, you may have a chance.
-Ed Seykota
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I am currently offering 3 coaching session for an introductory price of $200 for traders who are new/struggling/or simply looking to increase current performnce. I am serious about helping traders move from struggling to consistent. I have done this for many traders. I can help you do it too. You can email me at TRADENPERFORM@GMAIL.COM Testimonials can be found here: http://traderperformcoaching.blogspot.com/p/testamonials.html
Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential
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