If you are not making money:
Your subjective % vested in your trade is too high. Make it a system or be a victim. Decrease subjectivity in your criteria for a trade. 10% subjectivity is what I look for to make a high probablitily trade. I only use instincts for managing profitability, not for managing risk..Risk is rules only. Hope that helps.
Thursday, June 12, 2008
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