Hi,
I have been short term trading for about 3 months.. have clocked up quite a few trades, most of which last between a day and a week. Its not strictly day trading ie buy and sell the same day. I aim for that but sometimes Mr Market does whatever he wants :rolleyes: and it takes a little longer... I got myself stuck in some trades this way and so far have avoided making losses, but I can't shake the thought that leaving the parcel in, instead of making a loss, could also be considered "losing" as it deprives me of the opportunity to take other trade opportunities.
How do other people handle this conundrum?
Thanks!
I have been short term trading for about 3 months.. have clocked up quite a few trades, most of which last between a day and a week. Its not strictly day trading ie buy and sell the same day. I aim for that but sometimes Mr Market does whatever he wants :rolleyes: and it takes a little longer... I got myself stuck in some trades this way and so far have avoided making losses, but I can't shake the thought that leaving the parcel in, instead of making a loss, could also be considered "losing" as it deprives me of the opportunity to take other trade opportunities.
How do other people handle this conundrum?
Thanks!
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