When one enters a trade there are 4 possible outcomes
1:Trader makes some money
2:Trader loses some money
3:Trader makes alot of money(rare)
4:Trader loses alot of money
Keeping a stop loss eliminates the 4th possibility...
Now with only the 1st three possibilites left doesnt it make trading a lot heathier profession ..heh
Cheers
ML
1:Trader makes some money
2:Trader loses some money
3:Trader makes alot of money(rare)
4:Trader loses alot of money
Keeping a stop loss eliminates the 4th possibility...
Now with only the 1st three possibilites left doesnt it make trading a lot heathier profession ..heh
Cheers
ML