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2nd September
2009
written by spread bettor

Lets say you lose 3 times in a row – what do you do? keep going? and if it is 5 times? 10 times?
My system is to have many small losses but one or two big profits that cover all the losses and adds value. This can be very hard on you mind. Sometime you can wait 6-7 trades before you have one good trade. Then you start to think maybe your system is wrong maybe you need to change something or to leave the system all alone.

It is good to tweak the system and learn from mistakes but don’t be tempted to leave your system just because you have a bad strike! Use stop-loss to limit you losses and keep them small. Very small. This can help! And don’t forget to move your stop loss to a profit zone once your trade goes in your direction.

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