While shopping for some fresh fish and vegetables in Victoria market this morning, some random thought came into my head.
Why do you fear when holding a position overnight? Because you are not confident or not sure about your setup and strategy. Next, because you are not risking the amount that you are comfortable with. The stop of the trade is too wide for you, and your position size is too big for your small stomach. And, you are simply not prepared to accept any loss from trading.
In fact, it is so simple. Risk the amount that you are comfortable with. And watching the position to develop. Why fear?
I’m not scared to holding a position overnight, especially in forex, assuming I have my stops and other risk measures in place.
My biggest problem is exiting the trade.
I’m not scared to holding a position overnight, especially in forex, assuming I have my stops and other risk measures in place.
My biggest problem is exiting the trade.