Replies to post #41740 on lowtrade

[lowtrade]

This is not a new trade strategy for what I teach. A low risk trader should protect gain and re-enter when resistances if finally over come again. Re-entry on confirmation lowers one risk. Buying bottoms expecting more, increases risk. Basic simple and clean. The question every trader must answer is the risk worth the added gain or does little bites of positive moves add up enough to satisfy the need for greed.

Experience has taught me, regular feeding is better the freest or famine. I've chosen and teach low risk. I can't criticise higher risk, people are different. But I recommend low risk.

Here's a novel idea, try to think lower losses, is better then larger gains. Especially when the best traders only close 50% of their trades positively. Losses are a big thing, keeping them small with low risk trading helps greatly to over all success.