Trading Strategy: Pyramid Your Profits!
If your seeing wild fluctuations in your trading portfolio, and not of the upwards kind, then your forgetting a critical piece of knowledge. To be a successful trader, you MUST cut your losses short, and let your profits run. It is THE most important lesson to learn, right up there with using a stop loss, and key concepts like support and resistance. To be a highly successful trader, you need to learn to pyramid your profits, greatly amplifying your gains, and turning the big winners, into true home runs.