262: Henrik Johansson & Patrick Petersson - Recap: Beginner Trader to Funded Trader in 60 Days
Chat With Traders
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How to Cut Losers Quickly and Cut Short
I was trading based on ours, like risk to rewards ratios. But then if the market wouldn't want to give me that reward, I would still let the market sometimes take me out with a full, with a full arc, let's say loss. And you taught me also to trade on the one minute chart instead,. which is better when it comes to determining if you want to cut the losers very quickly. You can see the price action more clearly and the patterns there. So I became, I would say quite effective with that after a while to cut the losses.
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