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Psychology and Money Management

This forum is where successful traders spend most of their time and where struggling traders never visit. The psychology and money management forum is where you learn to become a profitable day trader


Millionaire in 10 weeks & Conversation with broker

  #205 (permalink)

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Manta, Ecuador
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Favorite Futures: E-mini ES S&P 500
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wldman View Post
I can't be associated with

Part of what is so special about our community is the ability to remain cordial and helpful even when faced with things that are mind-boggling in their annoyance factor.

Your choice on what to do --- but you can ignore this thread instead of letting a rookie get under your skin.

And of course, you, or any member for that matter, are free to question the decision of whether or not I should have boosted the exposure of this thread by including it in our newsletter. "Hell is paved with good intentions."

It was my intention to raise awareness and thereby education to all the members who find themselves in similar situations as the OP, and even now I still standby that decision -- because I have faith that the majority of our members can see the thread for what it is, and I have always been a person and trader that believes you can learn what not to do from observing others -- not only from those that are successful.

Ask me again in 10 weeks and see if I change my mind lol


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
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