Lets discuses the most erroneous trading belief many trader posses and hopefully after reading the lesson will be able to think differently.
1. Let your Winners run and Cut your losses.
We are hear, read old adage "Ride on Winners and cut down your losses" . The same can be found on any trading website you come across or any Business news channel. But this is very subjective term and need further analysis on What this means and How a trader can implement the same.Majority traders will exit in small profits and run on their losers, If you do not agree..
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