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Posts Made By:
Big Mike
Forum:
Psychology and Money Management
September 8th, 2013, 03:04 AM
Replies:
15
Easy Losses, Hard Profits
Views:
3,664
Posted By
Big Mike
A more reasonable example might be: Scenario...
A more reasonable example might be:
Scenario 1:
Scalper that trades 5 times a day for 8 ticks, 1 contract per
Scenario 2:
Day trader that trades 1 time a day for 40 ticks, 5 contracts per
...
Forum:
Psychology and Money Management
September 8th, 2013, 02:53 AM
Replies:
15
Easy Losses, Hard Profits
Views:
3,664
Posted By
Big Mike
artemiso, you are not an average example...
artemiso, you are not an average example representative of the thread starter.
No need to go around on this again, I think it has been discussed enough in the thread I linked to.
Mike
Forum:
Psychology and Money Management
September 7th, 2013, 08:59 PM
Replies:
15
Easy Losses, Hard Profits
Views:
3,664
Posted By
Big Mike
Market may seem like 50/50, up or down, but in...
Market may seem like 50/50, up or down, but in reality:
- Most traders end up "scalping", primarily due to a fear of loss
- Scalping has enormous expenses associated with it
- If you "scalp" for...
Forum:
Psychology and Money Management
August 16th, 2013, 02:43 PM
Replies:
15
Easy Losses, Hard Profits
Views:
3,664
Posted By
Big Mike
Bid/ask spread + commission, not factoring in any...
Bid/ask spread + commission, not factoring in any other technology costs or your time, you have fixed costs for every trade regardless of outcome that make your losses more painful and your winners...
Showing results 1 to 4 of 4
What unexpected challenges have you encountered while trading on a "Funded Trader" platform?
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High platform usage fees
Lack of support or mentorship
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No significant challenges
Something else (discuss in thread)
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