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Search: Posts Made By: Big Mike
Forum: Psychology and Money Management January 2nd, 2011, 12:31 PM
Replies: 39
Views: 11,020
Posted By Big Mike
Thanks for saying this. It's worth repeating. ...

Thanks for saying this. It's worth repeating. Don't get so caught up in the perfect math model that you forget to consider what you will actually "allow" to unfold. So I'd say your math model, in...
Forum: Psychology and Money Management December 30th, 2010, 09:08 PM
Replies: 39
Views: 11,020
Posted By Big Mike
20 contracts on a 10k account? That is insane to...

20 contracts on a 10k account? That is insane to me.

Yes, trading someone elses money vs your own is very, very different. It's quite similar to the sim vs cash phenomenon. Anyone can make...
Forum: Psychology and Money Management December 30th, 2010, 03:19 PM
Replies: 39
Views: 11,020
Posted By Big Mike
There is no right or wrong answer. There is the...

There is no right or wrong answer. There is the camp that says if you have an edge you want to push it every day, every trade, there is no "maximum" you just keep going.

There is another camp,...
Forum: Psychology and Money Management December 30th, 2010, 03:18 PM
Replies: 39
Views: 11,020
Posted By Big Mike
I think it is important to remember to be...

I think it is important to remember to be realistic. Too many traders think they can earn $500 a day on a $10,000 account. Can it be done? Sure. Will the majority of traders who try to do it...
Forum: Psychology and Money Management December 29th, 2010, 07:34 PM
Replies: 39
Views: 11,020
Posted By Big Mike
The 2% is in relation to your risk and is just a...

The 2% is in relation to your risk and is just a general guideline, but one that I firmly believe does more good than harm.

If you are trading more than one markets concurrently then you should...
Showing results 1 to 5 of 5

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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