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CalebDismuke

(USD/CAD)Trading Mistake. Taking profits too early

Formazione
Dollaro / Dollaro canadese (FX:USDCAD)  
CalebDismuke  
FX:USDCAD   Dollaro / Dollaro canadese
education educationalposts educational USDCAD usdcadlong Commodities long-term Forex fx Risk Management
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education educationalposts educational usdcad usdcadlong commodities long-term forex fx riskmanagement
Taking profits early was a hard lesson I had to learn. I occasionally still do it. See chart

For me, the key to LONG-TERM success in this business is not your win/loss rate, but the magnitude of your wins vs your losses.

My biggest mistakes have all come from taking profits early, not from taking small losses.

Idee correlate

CalebDismuke
Still biased to the long side(GOLD)
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