Expect breakeven trades… it’s just part of the game!
Expect many small losses… it’s just part of the game!
Expect many small wins… it’s just part of the game!
And while we’re at it, expect many missed trades… it’s just part of the game!
Aim for these misses, scratches, small wins and small losses to overall cancel each other out, cover costs, and ideally grind out a small rising equity curve.
And expect the occasional larger win which gives a real boost to your equity curve.
But under no circumstances should you allow your losses to become larger than their initial 1R risk.
NO LARGE LOSSES ALLOWED… EVER!
Lance Beggs