Quote:
originally posted by S.R.G
The core of my question is though how safe can a person feel when they place a S/L on their position and head off to bed or go elsewhere?
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Much more than a person who dont place a S/L on his position and head off
to bed or go elsewhere!
I'm not saying that by placing a S/L order you are safe from any unexpected
losses. Of course there are spikes and ect...we can do nothing about it.
Quote:
originally posted by fxscalper90
After all, a SL is nothing more than a request, wish, desire and attempt to limit your capital to exposure to a drawdown
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Thats correct! what is important is to have that wish,desire and attempt.
"You cant make money if you are not willing to lose.Its like breathing in, but
not being willing to breath out." - Ed seykota