What’s your max loss?
TradingLife Podcast with Brad JelinekSeptember 23, 201800:03:112.95 MB

What’s your max loss?

You must determine the point where you are going to exit your trade before you enter. Sometimes the more complex your strategy the more you can rationalize not doing that in your head. You can also rationalize that when you are trading well and it doesn’t seem important at the moment...but it IS!