CUT LOSS ???? Again and again and again CUT LOSS

The whole idea about getting into taking a position is NOT and should not be about HOPING to get it right ... if NOT ... CUT LOSS!!! Honestly, why on earth do you want to take position(s) if you are not able to determine your risks in the game. IF you can determine your risks, in theory you should be able to determine your rewards. LOGICAL????

Too often I hear this term CUT LOSS and I am totally sick of this mentally. IF you do not know if you are in the beginning or mid way of a rising trend, any short positions WILL KILL YOU. It will be so brutal that you will even doubt the charts you use and the STOP LOSS.

There is another school of SIGNAL trading. If the signal is BUY, you BUY and if the signal is SELL you SELL.  Sometime signals can be misleading and playing tricks on you. IF you happen to be in this stage than your frequent stop loss can wear you out.

IF you understand the make up of a trend reasonably well from the start to mid-way till end of a trend in real trading, than there is NO NEED TO HAVE STOP LOSS!!! Why? You will and should not be taking any positions that is NOT IN YOUR FAVOR. You can be exposed to temporary short term (a few days) of market against you but eventually it returns in your favor.

Most of time, I am not glued to the screen and quotes. I am away most of the time. Which means I must develop a system that allows me to weather the storm and ride out well!!!

ALL YOU NEED IS COMMONSENSE and LOGIC WHY YOU ARE TAKING POSITIONS and WHY YOU SHOULD NOT BE TAKING POSITIONS.

IF YOU DO NOT KNOW WHERE YOU STAND in the OVERALL TREND IN MOTION, HOW ON EARTH ARE YOU GOING TO DETERMINE YOUR RISK vs REWARD and THE RIGHT ACT IN THE MARKET.

These are all very simple basic questions one should address before even dreaming of profits. IF you do not know where you stand quite accurately, how can you tell that your action is correct!!! That means you are GAMBLING in HOPE it turn out right.

TOO FREQUENT CUTTING LOSSES WILL ULTIMATELY ERODE YOUR CONFIDENCE THAT YOU LOST FAITH IN YOURSELF