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Replies to #11138 on FOREX TRADERS

jrbscrazy

06/13/07 1:47 AM

#11140 RE: Worn_Buffet #11138

In my opinion. Your positions are big enough. Don't change that. Take a look at what you have, then double the P&L's. Look at any trades that ended up a loss. Then think to yourself....Can I stand to see myself being down that much in a trade? What usually happens, from my experience, is that you will close a losing trade much quicker when you are over-leveraging. How many trades did you have that you made profit on, but were at one time $-300? If you would have doubled that position, you would have been looking at -$600...and probably would've protected yourself from further losses by closing out. Get what I mean? It's a psychological thing...you are making awesome profits...keep it that way. Don't change. Only change to adapt to the changing market, not to try to make more money.