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From: | "andrew cottingham" <arco@adinfinitum.co.nz> |
Date: | Thu, 20 Dec 2001 12:09:40 +1300 |
This information may be of interest to
virgin sharetraders.
How tough is it to recover from a
losing trade, and get back to where you started?
10% loss .............requires.............11% gain. 20% loss .............requires.............25% gain. 33% loss .............requires.............50% gain. 50% loss .............requires.............100% gain. 90% loss .............requires.............900% gain. Losing trades are a fact of life, therefore it is absolutely critical that large losses be avoided by using a stop loss - ALWAYS ! |
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