Risk Managment who needs it.

it isn't a loss till you close the trade...

 

Said every x-trader.

 

You could get a legend batch at r/wallstreetbets with this picture.

 

hurts, you got 2 days left on december contract, a red year maybe?

 

A trader with a mediocre strategy and a great risk model will become fairly successful. A trader with a great strategy and a mediocre risk model will go bust.

Quote from a very successful former CME pit trader/market maker.

 

As they say, the goal is to stay alive to trade another day.

 

That's what WXY says so it must be true!!

 

LOL that little twat.

 

So you're saying there's a chance ... it'll come back. Yup, but you won't.

 

Atleast you got the long term trend direction right