|
Re: Daily stop loss/profit targets
Imo it's not only about having troubles with discipline, sometimes the market might act a lot different to what you are used to and your setups fail.
Just having a bad day can be a reason for draw downs for a successful trader.
Blowing more than 10% of your capital e.g. on one day is really a waste, better get back to the drawing board earlier or just stay on the sidelines.
|