Learn exits and entries separately. Do not let the influence of the other. Taking losses this way takes dedication and discipline, so stick with it. This is key to safe trading. If you never take large losses (and rarely medium size), fear of the loss of almost disappears, and your confidence grows.
Especially after entries improve enough to support a "Speculation" type exit strategy. 2. Add to your understanding with Clifton Robbins. Every trade * in all market conditions * begins as a scalp. Let me clarify this: if you're in a choppy market and you are looking to get small gains, as a point or so, manage your initial hard and soft stops * exactly * the same way as you would in a tendency to quickly or any other market. That means keeping losses of about 2 ticks as possible, have a lot of trades and balance out each time that the market does not give instant gratification * (within a minute or so).
No matter what the market is doing, you should demand that moves in your favor right after entering, otherwise one as close as possible to break even. This means it will be the closure of a large number of businesses near the balance point in the first minute. This is the foundation of learning to trade in consistent profits. 3. Do not worry about commissions balance skills. If you do, you still have a loss of positions, asking around for you. This is called the Hope .* * In this business, this type of * hoping * is the kiss of death.