How to Deal With the Trader's Dilemma

Last week I discussed the two steps to producing superior returns. First, protect capital zealously and keep accounts close to highs, and second, when you identify a good opportunity, be aggressive, press your advantage and try to maximize gains. 

That is an easy theory to state but it is extremely difficult to put into practice. The two steps are inherently inconsistent. If you focus on minimizing losses and keep accounts close to highs, then you will never take on much risk. If you never embrace higher levels of risk, then it is unlikely you are going to produce big gains. ...804 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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