Manchester NH
Posts: 7 since Apr 2023
Thanks Given: 2
Thanks Received: 5
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The Paradoxes of Trading:
- The longer you wait to confirm a trend reversal, the more you have missed the price
- The tighter you set your stop, in order to decrease risk, the greater the chance that all trades fail due to random movement
- The smaller you set your profit target, to improve chances of winning, the more your profits are eaten by commissions
Others?
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