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Trading Reviews and Vendors

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Trader Guardian Angel

  #6 (permalink)

Trading for Fun
delhi, delhi, india
Trading Experience: Intermediate
Platform: cqg ic
Favorite Futures: oil
Posts: 59 since Dec 2013
Thanks: 10 given, 13 received


DarkPoolTrading View Post
In my opinion if you don't have the self discipline to stop trading by yourself, and instead need a tool to stop for you then you are a gambler and not a trader, and will never make it as a trader. Honestly, how can anyone think they will make it as a trader if they don't have the self control to stop by themselves after X losses.

If the tool stops you trading after X losses what is stopping you from:
- Switching off the tool and placing more trades
- Opening up another trading platform and placing more trades
- Opening up your brokers web interface and placing more trades
- Placing more trades with another broker
- etc..

There is no such thing as a successful trader who doesn't have self discipline in my opinion.

It would help. Also, dont necessarily need it for myself.

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