RIO - TRADERS THREAD

Thanks mia for your thoughts.

Even though traders always lose a trade at some stage or other, I don`t like the feeling of holding losing positions for more than a couple of days.

What you say is indeed correct, that RIO is highly volatile and WILL come back, but I don`t hold for 2 weeks, 3 days is my max. then I`m out, even for a loss. Discipline is the name of the game, but there always comes a time to cut your losses, unless ofcourse a person is a longer term trader, but I`m a day trader.

The only reason that I am here trading RIO is for its volatility. Its gr8!

Good luck on the longs, I may join you all shortly.