Keep a trade log of all your trades throughout the session. If, for
example, you know that, so far, your biggest winner on the day is
five e‐Mini S&P points, then do not allow a losing trade to exceed
those five points. If you do allow a loss to exceed your biggest gain
then, effectively, what you have when you net out the biggest
winner and biggest loss is a net loss on the two trades. Not good.
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