If you take 10% losses on your losing trades.
You can still beat the game.
If you are bag holding short term plays or any plays.
You are not going to be profitable.
Time to stop trading and go back to school.
Come back when you can take a small loss.
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Going over some trading tips for new traders.
What I have learned from talking with 10,000's of new traders.
#1
A 10% mental stop loss on any short term trade is SO IMPORTANT and should be your trading standard.
I have way too many traders writing me down 60%-90% on trades.