January 2012
Beginner
215 pages
6h 16m
English
In this chapter, I provide some final thoughts to take away with you. These are not rules for my strategy but advice on dealing with scenarios that you will occasionally come across.
When I began trading, I was under the assumption that the way to determine whether a trade was successful was based simply on whether the trade was profitable. If a trade netted me a profit, I assumed I had made a good trade. Conversely, I automatically thought losing trades were bad trades that I probably should not have entered. Although this simple methodology seemed logical, I soon learned that this method of analyzing my trades was highly flawed and was actually the opposite approach of what was necessary ...
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