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Folks...I need to clarify my statement about not

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simplegreen   Wednesday, 03/16/11 01:51:26 PM
Re: None
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Folks...I need to clarify my statement about not having bad trades ..dont want you to misunderstand me...from my point of view and what I consider a bad trade is a trade that once closed is a losing trade.Many of the trades I enter may well be losing trades at some point after entry but what I do to put things in the positive is all that matters IMO.Its not that every trade is perfect..thats not probable nor is it possible in FOREX..JMO of course.The net result of most trades can be good tho ..IOW profitable...and a profitable trade is a good trade.A trade that ends in loss is what I consider a bad trade.
At one time in demo trading I actually entered trades that were intentional losers from the start....sounds crazy I know ...but I did that to see how well I could dig my way out of the hole and turn a profit...THAT taught me more than 100 consecutive "good trades"....I mentioned doing that on the board a long time back and I recommend it as a good training excersize to hone trading skills.It can be easy to make profitable trades one after another at times but how can you handle things when that spell is broken and you cant do anything right?
Hope all my rattling makes sense.

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