options training - anyone attended?, page-11

  1. 9,485 Posts.
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    HI there Nick and Remmy an interesting topic .
    Seems some of the most succesfull traders use both methods but but but . The trick seems to lie in those who add to there postitions when right . So use stop loss when wrong and add to the posi when right .
    But then don't fall into the big mistake that many of the biggest traders in the world have made and believe that they own the market and can't get it wrong .
    Gann in his books talks a lot about guys who took massive postions who couldn't unwind when the trend reversed .
    i guess thats different to us small traders .
    cheers ge
 
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