VO
VOwater
Rep: 133
Posts: 4,121
quote:
Originally posted by feng456
9 losers in a row for me lol...never had so many. this is a new record.
feels like my option buying lately!
MY
myptofvu
Rep: 2,018
Posts: 666
quote:
Originally posted by feng456
9 losers in a row for me lol...never had so many. this is a new record.
Whats your daily loss limit Feng?
MY
myptofvu
Rep: 2,018
Posts: 666
quote:
Originally posted by feng456
well at this point i dont have one...what shud it be?
Good question! I used to have a 3 strikes and your out rule. If I lost 3 trades in a row I would quit for the day, but since October I've found that with this market that isnt feasible anymore (you can easily come back from 3 or more losses).
You should prob make it according to a percentage of your account size and take into account a string of losing days.
Anyone else have a good answer to this?

