StockFetcher Forums · General Discussion · How to Take a Loss<< >>Post Follow-up
TheRumpledOne
6,358 posts
msg #67618
Ignore TheRumpledOne
9/23/2008 1:23:44 AM

How to Take a Loss

http://www.turtletrader.com/pdfs/take-a-loss.pdf




boswellrw
20 posts
msg #67650
Ignore boswellrw
9/23/2008 12:35:25 PM

Before a trade is made and money and ego are put at risk, we are creatures of intellect and not emotion.

Hence, the best time to decide the buy-in price, the stop loss, and the profit sell price is before a trade is made. The markets destroy emotion. Making decisions in advance, one removes emotion from the trade.

StockFetcher Forums · General Discussion · How to Take a Loss<< >>Post Follow-up

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