When you buy (get-in) fresh cucumbers, you have time until they will expire.
But when you need to (get-out). You need to liquidate FAST or cucumbers will rot and you cant sell them to anyone.
The same thing goes for the fashion industry.
When a clothes trader purchases clothes for sale he needs time to buy and ship the clothes to the store, it does not happen...
Recently I participate in an analyst competition, and I got eliminated in the trading sections.
Having an established trading system and strong mindset doesn't mean I make profit in every single trading days, as everyone would agree.
That's why we need a daily risk ceiling, if hit, we don't trade anymore,which is called being "locked out". usually 6% (2% per...