Today was another frustrating day, as it took a long time for the positions to close in profit. I had a few subscribers asking about whether to close positions in loss to safe their deposit. On this I would like to give a couple of tips:
1) Make peace with the fact that at some point your account might blow.
2) Make sure that you have enough capital to repeat the whole process. In order to be profitable, we have to be consistent. If you walk away after one try, you are not following the
3) Market fluctuations can run wild with your emotions. Instead of staring at the chart the whole day and to avoid any heart conditions, simply walk away :)
On another note, trading will be Paused for tomorrow as we are expecting big market moves due to the Mid-term elections in the US. We should be back on track on Wednesday again.