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Re: Daily stop loss/profit targets
Been there MrPaul - I guess all but those that start out incredibly disciplined have. I think the emotional damage is probably more severe than the financial damage.
On the other side side sometimes a coupled of early losses can sort of harden your resolve and you actually really knuckle down and trade well.
I guess the key thing is to follow your plan. If you can do that after setbacks (or successes) maybe you don't need the safety valve. If you are prone to going 'off piste' then perhaps limits are good. Pretty much an individual thing.
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