Disliked{quote} um, one moment you are advocate on a thread of trade SL on every trade, then you talk about one single trade to wipe out a month's profit? there is not much difference between making regular small profits, regular big profits, or regular any profits for that matter. all carry the possibility ( and the hard facts too) of a loss. just as well as making regular small profits can be wiped out by a large loss...regular large profits can be wiped out by a larger loss. makes sense, right? thus you only have to work on your money management...Ignored
So that's why I say trading small is fine but you just have to keep in mind that your losses have to be controlled to be small as well to match your profit amount. Ideally you should try to win big, lose small but if you can't at least when you win small, lose small as well.
Make your losses in demo. Earn your profits live.