NexusFi: Find Your Edge


Home Menu

 





What are Your Rules?


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one tpredictor with 4 posts (11 thanks)
    2. looks_two xplorer with 3 posts (4 thanks)
    3. looks_3 tgiann3 with 3 posts (5 thanks)
    4. looks_4 suko with 2 posts (3 thanks)
      Best Posters
    1. looks_one iantg with 8 thanks per post
    2. looks_two bwasi with 5 thanks per post
    3. looks_3 tpredictor with 2.8 thanks per post
    4. looks_4 tgiann3 with 1.7 thanks per post
    1. trending_up 4,806 views
    2. thumb_up 51 thanks given
    3. group 13 followers
    1. forum 21 posts
    2. attach_file 0 attachments




 
Search this Thread

What are Your Rules?

  #21 (permalink)
stopnlimits
Chicago, IL
 
Posts: 29 since Mar 2011
Thanks Given: 7
Thanks Received: 7

In the past I had such an issue with money management (insert crying face). I finally saved some monies from my losses I incurred a few years back that I can start investing in the futures market because I have been a day trader in the past and I'm definitely excited to get back in. I'm going to start implementing some kind of loss limit that I can stomach daily and once I reach that I'm done. No more emo trading because I was such an emo trader in the past!

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
REcommedations for programming help
Sierra Chart
Trade idea based off three indicators.
Traders Hideout
MC PL editor upgrade
MultiCharts
Better Renko Gaps
The Elite Circle
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
25 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
22 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #22 (permalink)
JeffNLisa
Apple Valley, CA
 
Posts: 7 since May 2018
Thanks Given: 0
Thanks Received: 1


tgiann3 View Post
So today I got smacked. Haha. In a month or two I will forget about the money, but the bruise to my ego and the lessons will stick. . . . . . .

What rules did you come up with after you got crushed?

To never trade without a fixed stoploss.

Reply With Quote
Thanked by:




Last Updated on June 26, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts