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- 22 Aug 2006
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Someone asked if I get losses. Sure, everyone does. You try something which looks as though it shold go one way, and it doesn't do anything, or goes the wrong way first, etc. The "Losses" column is running at around 4 - 5%. More trades than that lose, but they're all small becaue you "stop" them. I lose profits because I don't hold on to trades, but I'd rather make a lower profit that get higher losses.
In other words if you're buying and the price dips a bit you can hold and wait to see if it does turn and go up, or you can take a small loss and wait to see where it goes. If you hold on and the price does rise, you never had a loss and you feel cocky. But when the drop is there all day and you're still waiting, it's uncomfortable. I'd rather just deal with it when seen.
In other words if you're buying and the price dips a bit you can hold and wait to see if it does turn and go up, or you can take a small loss and wait to see where it goes. If you hold on and the price does rise, you never had a loss and you feel cocky. But when the drop is there all day and you're still waiting, it's uncomfortable. I'd rather just deal with it when seen.