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Search: Posts Made By: Rich Independence

Forum: Psychology and Money Management

April 2nd, 2017, 10:35 PM

Replies: 71

Throwing in the towel.

Views: 18,338

Posted By Rich Independence

rleplae 4 hour charts with 50 EMA and daily...

rleplae 4 hour charts with 50 EMA and daily charts with 200 SMA using what I believe is support and resistance and trends. 5% max risk per trade. Use 30 minute charts only when the position is...

Forum: Psychology and Money Management

April 2nd, 2017, 01:44 PM

Replies: 71

Throwing in the towel.

Views: 18,338

Posted By Rich Independence

Branzol Thanks for your kind words and advice. ...

Branzol Thanks for your kind words and advice.

I'm still in the process of finding a full time job. Thankfully I currently have a part time job keeping me afloat.

My day trading day's are...

Forum: Psychology and Money Management

March 21st, 2017, 11:12 AM

Replies: 71

Throwing in the towel.

Views: 18,338

Posted By Rich Independence

grausch Thanks for sharing your thoughts. I...

grausch Thanks for sharing your thoughts. I can't speak for all day traders, but the reason I chose day trading and specifically picked the Emini SP500 was the scalability of the product.

My...

Forum: Psychology and Money Management

March 21st, 2017, 01:43 AM

Replies: 71

Throwing in the towel.

Views: 18,338

Posted By Rich Independence

I'm not going to lie, it was the lack of impulse...

I'm not going to lie, it was the lack of impulse control, in addition to the lack of cash, that definitely precipitated my downfall. Thanks for sharing your input. At this point my main goal is to...

Forum: Psychology and Money Management

March 21st, 2017, 12:55 AM

Replies: 71

Throwing in the towel.

Views: 18,338

Posted By Rich Independence

My "edge" was support and resistance, opening...

My "edge" was support and resistance, opening range, volume profile, average true range, overnight range, trend and price action. I traded the Emini S&P. My downfall was the lack of cash. A string...

Forum: Psychology and Money Management

March 20th, 2017, 02:34 PM

Replies: 71

Throwing in the towel.

Views: 18,338

Posted By Rich Independence

Throwing in the towel.

This is going to be a long read so brace yourself.

Lost again today in trading. The end of my trading career is coming to a close. I got mixed feelings on this. On the one hand, my dream of...

Showing results 1 to 6 of 6

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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