Hi fellow traders
I've been a member for around one year and watch the commentaries every week. I'm learning new things every day but wanted to ask the full-time/consistent traders how they manage their losses, and in particular how they have bounced back from a drawdown?
For example:
1. After how many losses in a row will you start to reduce risk?
2. When will you start to increase the risk again? Would it be after a number of wins or based on trade set up?
3. When you start increasing the risk again, will you do this gradually or just go back to full risk?
Wishing you all the best for 2018
Chingy
I've been a member for around one year and watch the commentaries every week. I'm learning new things every day but wanted to ask the full-time/consistent traders how they manage their losses, and in particular how they have bounced back from a drawdown?
For example:
1. After how many losses in a row will you start to reduce risk?
2. When will you start to increase the risk again? Would it be after a number of wins or based on trade set up?
3. When you start increasing the risk again, will you do this gradually or just go back to full risk?
Wishing you all the best for 2018
Chingy