People often talk about hiding P&L during a trade because it might negatively impact their trading. Others claim it makes no difference because you can calculate it in your head anyway.
Can anyone point out any POSITIVE impact of keeping your P&L up might have?
@mmmbullbear I'm not saying throw risk management out the window. I'm asking if anyone sees a benefit of having P&L up during the trade - so I guess I'm assuming you have a rough risk management plan before you enter the trade.
@scriptstotrade Agreed. Especially for the newer traders, I think having P&L up only has potential downside, no potential upside and at best no impact.
My portable setup is starting to become not so portable.
Pro tip: The more screens you have, the more shitcoins/bagholds you can watch go down in value at the same time.
#GoBrokeFromAnywhere#traderlifestyle
@PanoTrader Yeah another trader recommended it to me so I didn't even look at the measurements lol. They're decent but the base is a little heavy so it adds up when you have 3 in your bag
Yesterday I decided to baghold a losing position overnight and took a big loss on it today. Today I decided to do it again because it's not a loss until you sell.