ye I guess you are right. but i was stupid and i increase my bets to point that i lost about 65 per cent of my account in last 5 trades - all losers. :((
Well, that is a hard lesson, but if you follow my blog you know, that this happens. We have to learn all the time... What I would suggest is stay with the risk because winners have to come. But you have to count the risk before every trade so you cannot wipe out your whole account. I know it is risky and maybe some would say stupid but if your account is now 65% down you have two options. One is lower your risk and be patient and wait till you get back. The second is stay with your risk and you will get back quicker (of course there is also a possibility that you will get even lower) - considering the FMT will get back to its winning. That is just my opinion...
hello Tomas! no trade on 17?! i got sell on alpari uk account as per original rules. or do you have slightly different rules to get in?
ReplyDeletetonny
Hi Tonny,
ReplyDeleteI got no trade and Marc did too... I trade at 6:15 London time, u?
oh, i am trading according old rules 6.30. i thougth, if it wasnt broke, why change it?! doesnt seem to be the case now.
ReplyDeletetonny
Tonny,
ReplyDeleteI think in the long run it won't matter much at what time you trade...
ye I guess you are right. but i was stupid and i increase my bets to point that i lost about 65 per cent of my account in last 5 trades - all losers. :((
ReplyDeletetonny
Well, that is a hard lesson, but if you follow my blog you know, that this happens. We have to learn all the time...
ReplyDeleteWhat I would suggest is stay with the risk because winners have to come. But you have to count the risk before every trade so you cannot wipe out your whole account. I know it is risky and maybe some would say stupid but if your account is now 65% down you have two options. One is lower your risk and be patient and wait till you get back. The second is stay with your risk and you will get back quicker (of course there is also a possibility that you will get even lower) - considering the FMT will get back to its winning. That is just my opinion...