I am sure, like me, many traders do not like to see a trade move against them when they enter it. I look at shorter and longer time frames (generally ) to confirm the trade I am planning will be a good one. Inevitably you will find those trades that appear to go wrong and the worst ones are if the price seems to accelerate in the wrong direction!

I am wondering if anyone can impart any understanding of prevent losses and also how to manage them in the launch of a trade. Is it a fantastic idea to place it small initially and then grow to a realistic level since the trade matures?