If i had a time machine... For one day only... Let it be the very small time machine, it will look to the future for 1 minute... What would I have from it?

Nothing, except of couple of billion dollars in my pocket for tomorrow :D

If they invent the time machine - how long it will take to overall financial collapse? One day or just 5 minutes only?

Ok, that is just a dream only. The fact is that now no one, once again : **NO ONE **can predict the future. So why 96-98% of traders are whiped out for the first year? Because they do not have super-duper "predicting indicators" or "100% generating 100 pips per day strategy"? I suppose that is not the answer.

I suppose the answer is very simple and everybody know it. But it is very hard to use it in practice of trading - I checked by myself. The answer is :**CUT YOUR LOSSES AND LET YOUR PROFITS RUN (applied to the time frame you use to trade).**

You also knew this answer, did not you?

So hardest thing for the beginner in trading seems to take losses, and main thing I need to learn is to take them.

## Wednesday, April 2, 2008

### If they invent the time machine...

Posted by clicker at 7:23 PM

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