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Sir,
I read all your articles for trading in sucess, I already lost some investment with knoledge of trading, from today onwards learnt some points for good trading for better profits
thank you
Money management is getting a lot of attention these days but if u dont have a good strategy to enter and exit it will help only to lose slowly.A solid technique is required before applying money management parameters to it
You should never add to a losing pos if you r "hoping" for markets to turn or reverse. But I regularly add to my losing positions and profit. This happens when I entered in anticipation with a small pos to test the markets and then when I get my entry signal, enter normal pos.
So the reason for adding to losing pos is imp.