Monday, 13 May 2013

Cutting lost and how we earn back

Last week we bought yamada at .265 and sold at a lost at .25 today. Although we made a lost of 1.7k inclusive of commission we are still decisive in cutting lost as preservation of capital is of paramount importance. Cutting lost is also a skill as it can help save capital. It is tough but if one were to master it without emotion involved one would eventually be successful in trading.
After cutting lost in yamada our mind is more clear and we bought HSI put warrent and managed to cover all our lost in yamda.
This shows that with proper discipline one can made back in the market and thus we hope that students who join the course will learn all this mind and management technique.
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