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Search: Posts Made By: Gauer

Forum: Psychology and Money Management

June 27th, 2021, 08:44 PM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

Get the book "The Mental Game of Trading" by...

Get the book "The Mental Game of Trading" by Jared Tendler, it has a system to correct your flaws. Best book I ever read on trading psychology.

I guarantee it will answer all your questions.

Forum: Psychology and Money Management

June 22nd, 2021, 08:00 AM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

Even if the OP story is fake, I started reading a...

Even if the OP story is fake, I started reading a book that I would like to recommend, which answers all OP questions (and answered all mine too). It�s the best trading psychology book I �ve read so...

Forum: Psychology and Money Management

May 16th, 2021, 06:03 PM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

Free trade, to me, is a a trade in which the stop...

Free trade, to me, is a a trade in which the stop is at breakeven. If the money is not being taken from my initial balance of the day, then it is free (to me), Current day profit money, this doesn�t...

Forum: Psychology and Money Management

May 15th, 2021, 11:10 AM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

Sorry If I wasn�t clear, but I was talking about...

Sorry If I wasn�t clear, but I was talking about a spot forex account. I thought it was implied since I used the term pips instead of ticks.

PS:

Don�t forget that there is the micro ES contract.

Forum: Psychology and Money Management

May 15th, 2021, 09:18 AM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

Yes but I rarely open a 2% risk trade. From...

Yes but I rarely open a 2% risk trade.

From the example of my list, a US$5 stop loss on a US$1000 account equals 0.5%

You said "...if you trade multiple markets they can correlate which can...

Forum: Psychology and Money Management

May 15th, 2021, 08:57 AM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

Here are my rules that I completely disrespected:...

Here are my rules that I completely disrespected:

--Never Risk More Than 2% Of your Account Per Trade, Never Try To Make Up For Losses by Opening Big Positions

--Only Open Another Trade If You...

Forum: Psychology and Money Management

May 14th, 2021, 07:17 PM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

Mind you that I wrote about "the guy who blew up...

Mind you that I wrote about "the guy who blew up the account", but did not even think to write the 3 times I blew up myself, to remind me of.

It is like the mind is playing the dumb card, as if...

Forum: Psychology and Money Management

May 14th, 2021, 05:04 PM

Replies: 201

I finally blew up an account

Views: 33,138

Posted By Gauer

That really sucks, I remember my first years I...

That really sucks, I remember my first years I blew up 3 accounts doing exactly all the mistakes that you listed:

Forcing trades, chasing the market, overtrading, revenge trading with big...

Showing results 1 to 8 of 8

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