Thought I'd share video 5 of Cameron Fous' free video lessons. This is one key rule in the trading game that I've heard everyone talk about. If you are in a losing trade CUT YOUR LOSSES.
I've made this mistake a few times since I began paper trading. It's the reason my PS1000 account is nearly half the amount it was in the beginning.
So if you are following me or perhaps just stopping by because you're looking into trading, hear me out. CUT YOUR EF'N LOSSES or they will cut you.