Dark
Theme
Light
Theme
Register
Username or Email
Username or Email
Password
Password
Forgot
Signup
Forgot
Browse
Register
Downloads / Indicators
Articles
Upgrade to Elite
Unanswered Posts
My Posts
Return to Homepage
Today's Posts
Trading Reviews and Vendors
Futures Brokers Reviews
Traders Hideout (general)
Platforms and Indicators
Trading Journals
Elite Trading Journals
Psychology and Money Management
Off-Topic
The Elite Circle
Webinars
Trading Articles
Main Trading Articles Index
Article Categories
Help, Tutorials, How-To's
Traders and Trading Methods
Platforms, Tools and Indicators
Terms (Glossary)
Article Tools
List New Articles
List Recent Article Changes
Random Article
Most Popular Articles
Category Groupings
Wanted Articles
Most Linked to from Forum
Go to Page...
Quotes
by TradingView
>
Search Forums
>
Showing results 1 to 11 of 11
Filter subforums listed
Search:
Posts Made By:
trendisyourfriend
Forum:
Psychology and Money Management
March 8th, 2012, 05:04 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
Although it is adressed to Mike my answer to this...
Although it is adressed to Mike my answer to this is that a discretionary trader (the way i conceive it) does not feel the need to backtest in the same way as a mechanical trader would do. If you...
Forum:
Psychology and Money Management
March 8th, 2012, 01:06 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
Domage this concept is not discussed more often...
Domage this concept is not discussed more often as i think it's at the heart of the trading game. Trapped traders is a concept that has to do with crowd psychology specially when stressful situations...
Forum:
Psychology and Money Management
March 8th, 2012, 09:21 AM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
subjectivity along with common sense are superior
There are many departments where subjectivity along with common sense prove to be superior to mechanical processes.
For example, when does a change of trend occur?
No matter how complex your...
Forum:
Psychology and Money Management
March 7th, 2012, 08:26 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
So a rough-&-dirty calculation might look like...
So a rough-&-dirty calculation might look like this:
Probability #1 (direction): 50%
Probability #2 (stop): 50%
Probability #3 (distance): 50%
So that gives us, best-case scenario odds (based...
Forum:
Psychology and Money Management
March 7th, 2012, 07:11 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
The anatomy of a longer term trade management
Mike, could you give an example of such a trade where price has moved against you while still considering your original premise valid? I'd be interested to see such a trade on your bigger chart...
Forum:
Psychology and Money Management
February 21st, 2012, 07:06 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
I hope perryg won't read that :sarcastic:
I hope perryg won't read that :sarcastic:
Forum:
Psychology and Money Management
February 19th, 2012, 10:54 AM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
I agree 100% (pun intended) with that passage: ...
I agree 100% (pun intended) with that passage:
Once the trade is open, it's minimize your loss and maximize your gain.
Forum:
Psychology and Money Management
February 19th, 2012, 10:48 AM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
In the last analysis, we can see judging from the...
In the last analysis, we can see judging from the various opinions that it is a matter of common sense as in everything else in life. If you start with a bank of $10000, it does not take lots of...
Forum:
Psychology and Money Management
February 18th, 2012, 07:12 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
I think you got it wrong, both are important as...
I think you got it wrong, both are important as we are not robots or we are not all trading mechanically. If you suffer 6 losses in a row or whatever number but it takes you 12/14 winners to recover...
Forum:
Psychology and Money Management
February 18th, 2012, 04:48 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
How do you define the probability of any single...
How do you define the probability of any single trade? And when you risk more, are you not also considering the risk in terms of a fixed $ or % number to some extent?
Forum:
Psychology and Money Management
February 18th, 2012, 12:03 PM
Replies:
151
Concerning risk per trade sizing
Views:
41,415
Posted By
trendisyourfriend
For me it's a fixed dollar amount per trade risk....
For me it's a fixed dollar amount per trade risk. It seems more logical than using a fixed %. The reason is simple, if you start with $10000, and drawn down to $5000, using a fixed % method, it will...
Showing results 1 to 11 of 11
What unexpected challenges have you encountered while trading on a "Funded Trader" platform?
Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)
View Results
Discuss Poll
futures io is now NexusFi
Trading Webinars How-to's
Trading Reviews & Products
Futures Broker Reviews
NinjaTrader Brokerage (Broker)
Kinetick (Data Feed Provider)
Apex Trader Funding (Prop Trading)
Tradovate (Trading Platform)
NinjaTrader (Trading Platform)
SharkIndicators (Trading Software)
© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.