Some days you trade, the markets don’t move for your style and that’s what happened today. I gave my setup 3 attempts and simply downsized each time to manage the risk. All too often it’s easy to think about trying to trade your way out of a losing day but the better thing to do is leave it alone – remember there’s always another day!
You can be very profitable by never using a stop but it only needs to catch you out once and it can be pretty catastophic. Here I give some reasons why so many traders don’t use stops and welcome any views on this interesting subject…
Some of the world’s best traders admit to using some form of gut instinct in their trading so should we shrug it off? Here I discuss what I beleive is ‘gut instinct’ and how I personally use that for my trading….
