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Showing results 1 to 6 of 6
Search: Posts Made By: Massive l
Forum: Psychology and Money Management July 1st, 2011, 04:13 PM
Replies: 130
Views: 55,257
Posted By Massive l
I agree. Don't buy into a market that's being...

I agree. Don't buy into a market that's being marked down.

I sometimes fade trends but only after I have seen key signs of weakness in an uptrend
or strength in a downtrend. I never average down...
Forum: Psychology and Money Management July 1st, 2011, 12:08 PM
Replies: 130
Views: 55,257
Posted By Massive l
If anyone thinks they can step into this game and...

If anyone thinks they can step into this game and make a killing
without the thousands of hours of dedication (and money), they are dead wrong.

Don't step into a lion's den and expect to sit...
Forum: Psychology and Money Management July 1st, 2011, 11:31 AM
Replies: 130
Views: 55,257
Posted By Massive l
Definitely. That's a good call. I guess it...

Definitely. That's a good call.
I guess it depends on your skill, experience, and the current market conditions/setup you are trading.
One of the traders I've learned from over the years has been...
Forum: Psychology and Money Management June 30th, 2011, 11:59 PM
Replies: 130
Views: 55,257
Posted By Massive l
Yes, you are correct. You would be increasing...

Yes, you are correct. You would be increasing your risk if you only entered on 1 lot whch gives you no chance to lock in profits.
But if you enter on multiple lots, you can take profits on your...
Forum: Psychology and Money Management June 30th, 2011, 09:58 PM
Replies: 130
Views: 55,257
Posted By Massive l
I let price tell me what to do. A low risk...

I let price tell me what to do.

A low risk entry and I'm all in but a higher risk entry, I'm expecting some drawdown so I don't go all in at first.
My strategy that I use the most is low risk...
Forum: Psychology and Money Management June 30th, 2011, 05:50 PM
Replies: 130
Views: 55,257
Posted By Massive l
For tighter ranges, (10-20 ticks) I'm all in all...

For tighter ranges, (10-20 ticks) I'm all in all out
For wider ranges, I'm all in scale out
For trends, I'm all in/scale in, scale out
Showing results 1 to 6 of 6

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

 


 
 


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