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Posts Made By:
Sandpaddict
Forum:
Psychology and Money Management
June 1st, 2020, 02:04 PM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
I agree with bobwest. If your account is too...
I agree with bobwest. If your account is too small to place your stop WHERE IT NEEDS TO GO with only one contract you are undercapitalized.
I'd also like to say I see ALOT of people complaining...
Forum:
Psychology and Money Management
May 26th, 2020, 04:56 PM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
Sorry Bob ;P last one. Eilanzer thats GREAT!...
Sorry Bob ;P last one.
Eilanzer thats GREAT!
Its just an idea but if you keep everything else the same and test that one variable ya never know. Keep up the good work [emoji3]
Sent using the...
Forum:
Psychology and Money Management
May 26th, 2020, 04:51 PM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
You couldn't be more right. I have a habit of...
You couldn't be more right. I have a habit of rambling.
No I don't use a daily stop... but I probably should.
Sent using the NexusFi mobile app (https://on.futures.io/app)
Forum:
Psychology and Money Management
May 26th, 2020, 09:53 AM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
Yes I forget to mention alot that "in my trading...
Yes I forget to mention alot that "in my trading style" which I consider a form of scalping.
But this is also partly why I started my LIVE in the markets trading journal. People give the worst...
Forum:
Psychology and Money Management
May 26th, 2020, 09:45 AM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
Wow absolutely eilanzier! You should not let that...
Wow absolutely eilanzier! You should not let that happen.
Im not sure exactly what I said above but it does apply. I don't trail percentage or dollars but I DO USE PRICE ACTION and/or when my...
Forum:
Psychology and Money Management
May 26th, 2020, 08:14 AM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
Thats its exactly what Ive found RT777. Exactly!...
Thats its exactly what Ive found RT777. Exactly! Bring my targets inside MFE has far out performed trailing stops. I think its in part of us to try to squeeze every last tick to help us but in...
Forum:
Psychology and Money Management
May 25th, 2020, 05:10 PM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
Hello again eilanzier. I can only speak for...
Hello again eilanzier.
I can only speak for myself and my experiences but heres my take.
Trailing stops sounds so easy, so logical, but they can fool you into complacency into you crunch the...
Forum:
Psychology and Money Management
May 25th, 2020, 04:52 PM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
Yes. If I understand what your saying. My...
Yes. If I understand what your saying.
My point being Ive found if a make a few bad trades in a row, again they dont have to be losers to be bad trades, but after a couple of bad trades its just...
Forum:
Psychology and Money Management
May 25th, 2020, 12:03 AM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
Yes DavidCarmichael thats exactly it. Sounds more...
Yes DavidCarmichael thats exactly it. Sounds more clear when you say it. I don't know if its a good strategy. I don't even know why I do but after just so many of those over the years I know thats...
Forum:
Psychology and Money Management
May 24th, 2020, 02:05 AM
Replies:
41
What % is your daily loss limit?
Views:
9,306
Posted By
Sandpaddict
I dont have a daily dollar limit but after two...
I dont have a daily dollar limit but after two bad trades in a row, not necessarily losses, just bad trades, I step back and reassess.
Sent using the NexusFi mobile app...
Showing results 1 to 10 of 10
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