Psychology of going from Sim to Real money - Psychology and Money Management | futures trading

Psychology of going from Sim to Real money
Started: by motowater Views / Replies:2,630 / 30
Last Reply: Attachments:0

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Psychology of going from Sim to Real money

  #31 (permalink)
Trading Apprentice
Futures Experience: Advanced
Platform: Protrader 2.0, Jforex
Broker/Data: Alior Bank, Dukascopy AS
Favorite Futures: FX all major currencies, CL, GC, FGBL
Posts: 33 since Feb 2014
Thanks: 8 given, 24 received

When I started to trade on simulation I've had a set of rules. My SL was 5 ticks. After a losing trade I took a 15 min break to cool off. After 3 losses in a row I took an hour break and then I came back to my PC. When I've made 5 losses that day I just took a day off and didn't trade for the rest of the day. It helped me a lot since I didn't hunt my loss from previous trade to make a profit (usually you just overtrade and lose more than you want). It worked for me and maybe it might to work for some new traders.

Reply With Quote
The following user says Thank You to mikorn83 for this post:


futures io > > > Psychology of going from Sim to Real money

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Al Brooks: When A Good Trade Goes Bad (Risk and Probabilities)

Elite only

Ran Aroussi: Quant Trading with Python

Elite only

NinjaTrader 8: Tips and Tricks (part 2)

Mar 2

An Afternoon With FIO member @michaelemoore

Elite only

Jigsaw Trading: Keys to successfully trading the open

Mar 9

Macro view: Trump Market Risk w/Piers Curran @ Amplify Trading

Elite only

Reading the Psychology of the Market w/Brett Steenbarger & Trading Technologies

Elite only

Hybrid Machine Learning (R and TradeStation) w/Murray Ruggiero

Elite only

Spring Grains Outlook w/Sean Lusk @ Walsh Trading

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading REAL MONEY DetroitMoney Stocks and ETFs Trading 131 November 23rd, 2013 06:10 AM
A TopStepTrader's Real Money Combine iqgod Trading Journals 159 July 29th, 2013 12:04 PM
New.. is it time for real money?? MotorsportsX Beginners and Introductions 16 November 30th, 2012 04:30 PM
REAL Capitalists Move Our Money from Big Banks to Credit Unions Quick Summary News and Current Events 0 November 5th, 2011 07:40 PM
Eszter's EOT based journal - from SIM to real trading Eszter Trading Journals 6 May 16th, 2010 02:34 PM

All times are GMT -4. The time now is 04:25 AM.

no new posts
Page generated 2017-02-22 in 0.05 seconds with 19 queries on phoenix via your IP