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Random thought while shopping at Vic market

by Gav Leave a Comment

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?

Filed Under: blogs, Trading Lessons

Reader Interactions

Comments

  1. Tom says

    January 13, 2008 at 1:08 pm

    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.

    Reply
  2. Tom says

    January 13, 2008 at 11:08 pm

    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.

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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