Wednesday, September 1, 2010

1.Will this trade or additional trade add or take away from the overall performance of the portfolio's account equity ?

2. Is this a good risk or bad ?

3. Generally speaking trader's risk behavior increase when they become greedy, watching and fantasizing about account equity rather than pragmatic approach to trade selection & position sizing.

4. Let each trade carry it's own weight.Don't increase risk/reward or position size for the hope of some windfall by sacrificing the other profitable trades you have.


In Pda brevity mode.

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