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Search: Posts Made By: gdplus1

Forum: Psychology and Money Management

March 10th, 2023, 09:38 AM

Replies: 91

Why are we always trading the wrong side?

Views: 19,436

Posted By gdplus1

For traders who are consistently making net...

For traders who are consistently making net losses for months or years, stop losses are life lines and hence mandatory to keep them alive and keep trading.

Forum: Psychology and Money Management

March 9th, 2023, 06:07 PM

Replies: 91

Why are we always trading the wrong side?

Views: 19,436

Posted By gdplus1

Stop losses are mandatory. You can only control...

Stop losses are mandatory. You can only control your losses and check your emotions. Cut your losses early when in doubt, honour your stop loss and you will be profitable.

Forum: Psychology and Money Management

March 9th, 2023, 04:12 PM

Replies: 91

Why are we always trading the wrong side?

Views: 19,436

Posted By gdplus1

If you minimize your losses or cut your losses...

If you minimize your losses or cut your losses early, you can survive and with time you will be profitable. Stop losses are mandatory and depending on Volatility use 2x or 3x ATR stops.

If you...

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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)

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