Post
Topic
Board Trading Discussion
Re: Tips and tricks for day trading
by
palle11
on 10/04/2022, 15:07:42 UTC

You don't want to get a loss if you're closing the day with your positions and it doesn't matter whether you've gained much or just a little.

I think the fear of closing a lossing market dreads the trader but no choice on that. It is better to close a lossing market while it is still small than when the loss has accumulated. There is a way that you can manage a lossing market over the day. To that you can use the stop loss so that it stop the trade when it gets there.