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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (12252)1/10/1999 5:39:00 PM
From: Chip McVickar   of 44573
 
Tom,
What was the reason behind your position trades taking a severe loss
of 25 points ? I can understand the day trades and false signals...?
Do you allow and carry wide stops or not carry them at all ???

Controling losses appears to be the next most important factor in
developing a comfortable and successful system.....
After Money Management !!!

Is there any factor in trading Futures where one cannot avoid such losses?
Perhaps it's simply a matter of holding on to a position to long, because
the systems signals are still positive..?
Chip

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