CO orders are for excessive leverage. I have 3 comments :
1. Smart men go broke by wine
women
and leverage ~ unknown
2. Stock market is a device for transferring money from the impatient to patient ~ W B
3. Trading is a business in which no one wants to grow slowly, thats why no one grows ~ Tom Dante
If ur Stop Loss is getting hit and you lose more than 2 - 3 % of ur overall fund in that losing trade, you are not playing it right. Even I don't take more than 5% risk in any of my trade with any my systems, regardless of the win rate of that system.
And if don't listen to this
You will
1. Blow your account
2. Eventually learn why this sizing is so important and trade the right way
Or
Quit Trading
There are no other alternatives
And I am sure I did not answer ur question exactly, but have given an input you will find far more valuable , if you follow
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