Question 56—The Impact of the Last Trade

What impact should the size of your latest profit or loss have on your plans for the next trade?
1. Trade a bigger size after a profitable trade.
2. Trade a smaller size after an unprofitable trade.
3. Trade a bigger size after an unprofitable trade.
4. None of the above

Get The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.