the longer one hogs the trade the harder for him to get out. trade like a robot without having love for the money is the best management i can say, i am really trying to learn that.
DislikedIndeed there are, and I agree with you up to a point. However, what the poster was saying that started this discussion off was that he thought it was good to go long at these level for a "20 or 30 pips"......with no SL.....because "BOJ will step in by 75". Excuse me, but "20 or 30" pips gain, for a possible 200+ drawdown is not the sign of a long term trader. It is also not indicative of a sensible trader. It is indicative of a gambler. Now he is trying to muddy the water by saying that he is a long term trader and as such, this type of drawdown...Ignored