Sounds almost morbid doesn't it?
Well, maybe it is....but losses are a fact of life and your
ability to take them systematically without fault
is key to your long term success.
You see, every system ever designed and traded has suffered
losing trades and most have had several losing trades in a
row. Even short term systems that purport a high percentage
of winners will hit periods of 3-4-5 losses in a row.
If you stop taking the signals, then your gauranteed to lose
and never get back your money. Ironically, after a losing
streak, is when a system will normally bank a series of winners
or the one big profit trade.
So the next time you find yourself mired in a drawdown, take
some satisfaction in knowing that losing periods ha View the rest of this article
Friday, September 28, 2007
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