Thursday, November 24, 2011

Trading on Fundamentals Pros/Cons

The basics of my risk management are: put in a stop loss. Everything else is subjective, so even if I get the urge to go Long or Short, it's really really difficult to figure out when something isn't working or when I should exit a trade (note I held ES for nearly a week, but it was agonizing and I had to get daily confirmations to keep me in). I'm trying to try other ideas, too, but I had to start somewhere.

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