4 Trades: $120 Loss – $15.28 Commission = Net Loss of $135.28
We had a tough day today, taking a few trades against the system / our rules, so it shows what happens when you stray away from the rules of your trading system.
Our max loss that we allow for a day is $120, and we stop trading for the rest of the day. We then analyze the mistakes and correct them for the following day. The only good thing out of this day was that we stuck to our rule of halting trading for the day at our max loss of $120.
No comments:
Post a Comment