Get in and get out in the shortest time possible.
This is the science of successful trading.
But what happens when a trade turns out to be more like a non-performing investment?
When you hold a long-term trade, there are a few issues that will follow including the:
Opportunity cost
You can find other higher probability trades, instead of having your money tied up aimlessly in a sluggish market.
Unnecessary impatience
You’ll eventually feel rather anxious and frustrated holding onto a long-term trade, when you are better off trading in a market that is moving.
The fake-out
With an ongoing trade, the breakout pattern may fizzle out into a low probability fake-out trade (a trade that turns against you).
I created a rule to avoid this situation from ever occurring again.
I call it a time stop loss...
After 7 weeks of holding a trade, exit the trade and look for a better opportunity.
Worst case you take a smaller loss than you thought.
Best case you take a smaller profit than you expected.
But you'll stop holding trades that aren't performing and stop paying daily costs with trading....
Sound good?
Trade well, live free.
Timon
MATI Trader
This is the science of successful trading.
But what happens when a trade turns out to be more like a non-performing investment?
When you hold a long-term trade, there are a few issues that will follow including the:
Opportunity cost
You can find other higher probability trades, instead of having your money tied up aimlessly in a sluggish market.
Unnecessary impatience
You’ll eventually feel rather anxious and frustrated holding onto a long-term trade, when you are better off trading in a market that is moving.
The fake-out
With an ongoing trade, the breakout pattern may fizzle out into a low probability fake-out trade (a trade that turns against you).
I created a rule to avoid this situation from ever occurring again.
I call it a time stop loss...
After 7 weeks of holding a trade, exit the trade and look for a better opportunity.
Worst case you take a smaller loss than you thought.
Best case you take a smaller profit than you expected.
But you'll stop holding trades that aren't performing and stop paying daily costs with trading....
Sound good?
Trade well, live free.
Timon
MATI Trader
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.