Re: Instaforex account verification
As I’ve noted throughout this text, taking a timely exit, whether
through a stop loss or willpower, has a major role to play in effective risk
management. This begs the question, “Why haven’t you placed stops,
mental or physical, to keep your current winners from turning into losers,
or your current losers from turning into disasters?” Your failure to act
reflects the biggest problem I know with risk management techniques, i.e.,
they do absolutely no good if you refuse to apply them. When it comes
right down to it, the real secret is, there are no secrets when it comes to risk
management. It’s just an issue of applied discipline, rather than chasing a
magical Holy Grail that doesn’t exist.
As I’ve noted throughout this text, taking a timely exit, whether
through a stop loss or willpower, has a major role to play in effective risk
management. This begs the question, “Why haven’t you placed stops,
mental or physical, to keep your current winners from turning into losers,
or your current losers from turning into disasters?” Your failure to act
reflects the biggest problem I know with risk management techniques, i.e.,
they do absolutely no good if you refuse to apply them. When it comes
right down to it, the real secret is, there are no secrets when it comes to risk
management. It’s just an issue of applied discipline, rather than chasing a
magical Holy Grail that doesn’t exist.
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