013: Lance Beggs – Adapting the Mindset of Trapped Market Participants—and Profiting From Fear
Chat With Traders
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How Do You Decide if You Get Bumped Out of a Trade?
Ara: I hate big losses, so i keep the stop los very tight. If it doesn't do that, im very quickly getting out on the side lines and reassessing. Im influenced by a few people in that regard including larry williams who expects every time he enters his trade to be a loser. Buti'm quite comfortable as well, kas of small position sizein to take that first loss,. ah, if it does go fully against me, and then re assess and get back in.
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