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Re: pennies2007 post# 120320

Tuesday, 07/23/2013 12:56:53 PM

Tuesday, July 23, 2013 12:56:53 PM

Post# of 140146
Ok, you summed up my suspicions! That's enough for me! I should mention that you used to stress trading with margin risk that allowed for 1000 pip moves against the entry to prevent margin calls, but I've been thinking that if a person is 80 plus percent successful and closes out the losers early for limited loss, then the gains have to outweigh the losses and considerably so, so much so that heavier risk can be tolerated and even recommended. In the past my problem was always being able to determine the real point where the chosen and specific TDI setup had failed. That plus I hate locking in losses. I'm hoping that I'm going to better know when to get out and even where to set an auto stop loss mark upon entering the trade based on the TDI setups.

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