Gold Gold Daily Video, August 02, 2021

netbusinessman

Private, 1st Class
Messages
46
Excellent. Thx Sive Sir !

I have one question

how many trading position if close consecutive losses than should stop trading

as i saw yesterday one post on google

" Stop trading after 4 consecutive losses. Analyze your trades and learn what you did wrong, "
 

Sive Morten

Special Consultant to the FPA
Messages
15,142
Excellent. Thx Sive Sir !

I have one question

how many trading position if close consecutive losses than should stop trading

as i saw yesterday one post on google

" Stop trading after 4 consecutive losses. Analyze your trades and learn what you did wrong, "
Hi mate,
well, its a bit personal. Usually, if your risk around 1.5-2% in every trade, then, indeed - 4-5 trades cost you around 7-10% of your capital. And you should take a pause at least 1-2 weeks. Here we discuss this subject and many others that have relation to trading plan, personality etc:




 
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