Don't Quit
This is the fifth in a series of articles started September 25, 2006 entitled "Hate Losing?"
If you find yourself in a losing streak, taking a break seems like a good idea. You'll likely feel better by taking a holiday from trading.
However, if you are trading with a system which has proven profitable over the course of more than 50 trades in backtesting, the better course of action is to keep on trading with that system. If you quit, you'll likely miss out on the winning trades from that system which would offset the losing trades so that you end up with a net profit.
We'll chat again next week ...
Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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