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Your open P&L is the most dangerous indicator on your screen. Once you watch money instead of price, every plan becomes a negotiation.
Your open P&L is the most dangerous indicator on your screen. Once you watch money instead of price, every plan becomes a negotiation.
Why it might be wrongHiding P&L can also be avoidance. Feeling the money in real time keeps sizing honest – traders who only see ticks can drift into positions whose real amount they could never stomach.