I cannot advise, that is wrong. My personal way is to cut the pain immediately, as Max said earlier today, you can't trade with a clear mind if your're thinking about running losses.

Trading An Edge...

My trade lot size per pip is 0.1% of my balance, or £1 per £1000 of balance held, i hadn't really thought about it before so had to get the calculator out

Trading An Edge...

Hi there, i personally dont complicate the issue, my balance is a tool nothing more, whatever i make beyond that tool, i withdraw. My money management is tight and aggressive so i dont worry about all this 1% of balance, 2% of balance stuff for ...

Trading An Edge...

Ok im done

Trading An Edge...

One for the road... Short Dax just above D-Open and my diagonal line (it is Friday ) SL to BE +5 EDIT: Out +16

Trading An Edge...

It's been a boster of a week! Thanks Max

Trading An Edge...

Ninja style

Trading An Edge...

They're EVERYWHERE !!!!!!!!!!

Trading An Edge...

For some reason i cant edit this post Out +18

Trading An Edge...

Short Dax below M-R1 SL to BE

Trading An Edge...

Short Dax below 4hr R-1 SL to BE +38 Keeping stops tight as phone trading now EDIT: Out +42

Trading An Edge...

Off out on school run now, catch you later

Trading An Edge...

Long Dax above D-Open SL to BE +10 EDIT: Out +18

Trading An Edge...

Both S&P and FTSE following suit

Trading An Edge...

Short Dax at D-PP SL to BE +15 EDIT: Out +20

Trading An Edge...

We're spit roasting this today

Trading An Edge...

Yes watching closely, pulled my stop back 10 pips to give it more room to sort out which way it wants to go EDIT: Back on track

Trading An Edge...

Cheers Max, lets hope this pup drops to fib 50

Trading An Edge...

Short Dax @ 4hr R-2 I missed the long ... SL to BE +170 Progressing nicely past fib 61.8 EDIT: Out +174

Trading An Edge...

Short Dax from just above 4hr PP SL to BE +25 Progressing.... slowly EDIT: Out +38

Trading An Edge...