Hi!
I have a question for you guys, so here is the deal:
I usually don't lose money, I'm much more often right about market direction than not but when I'm not I don't have a problem with cutting losses.
Still 2 problems haunt me:
1) Sometimes I would get too agressiv and leverage up way too much my winning trades and hold them for too long, just to see the price get back into my face and break even.
/I thought about ALWAYS using fixed profit targets, so this could be an easy solution/
BUT
2) When I miss a big move (like a 3-4 sigma event) it pisses the hell out of me. Nothing is more frustrating for me than to see an opportunity go by and not capitalize on it, especially when I'm 100% confident it's about to happen.
I had GC and CL short this week, and yes missed the big move on both. Couldn't sleep for 3 days and almost passed out on my physical training. This sucks! What do you suggest?