“I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade.” TryingCertainNextLossAmountJudgmentTrade Author:Richard Dennis
“You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a very short period of time. What you can't afford to do is throw away your capital on suboptimal trades.” TryingLossPeriodsTradeInstancePreservesYour Loss Author:Richard Dennis