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Search: Posts Made By: xplorer
Forum: Psychology and Money Management March 22nd, 2016, 09:17 AM
Replies: 155
Views: 37,778
Posted By xplorer
If that was the case many people who I understand...

If that was the case many people who I understand are successful traders today would have never blown accounts out.

I agree with your second point about emotional control though.
Forum: Psychology and Money Management February 19th, 2016, 04:55 PM
Replies: 155
Views: 37,778
Posted By xplorer
I've just read again your question and now I...

I've just read again your question and now I think I understand better what you are asking.

In my earlier post I had indicated that in my case I had opened a very small account to begin with.
...
Forum: Psychology and Money Management February 19th, 2016, 02:31 PM
Replies: 155
Views: 37,778
Posted By xplorer
I took 'blowing out' to mean what Big Mike meant...

I took 'blowing out' to mean what Big Mike meant at the beginning, i.e. bring your account down to a level where you're unable to trade any longer, so in effects it means the account must have less...
Forum: Psychology and Money Management February 19th, 2016, 11:06 AM
Replies: 155
Views: 37,778
Posted By xplorer
On the position sizing I have found the following...

On the position sizing I have found the following advice from Linda Raschke to be particularly meaningful....

It's just the first 40 seconds from the point the video starts that are relevant......
Forum: Psychology and Money Management February 19th, 2016, 10:05 AM
Replies: 155
Views: 37,778
Posted By xplorer
Yes, good point. I assume you're referring to...

Yes, good point. I assume you're referring to humility, which I would concur with.



Of course.



Agreed. When I was very young I remember my father telling me about a friend of his being...
Forum: Psychology and Money Management February 19th, 2016, 09:39 AM
Replies: 155
Views: 37,778
Posted By xplorer
So to add my own experience... I blew out once,...

So to add my own experience... I blew out once, less than 3 months after I opened my first futures account.

It was, you guessed it, on one trade :smile:

I was trading Bund, which up to that...
Forum: Psychology and Money Management February 19th, 2016, 09:20 AM
Replies: 155
Views: 37,778
Posted By xplorer
I like peteM's 'tough love' post :smile:. His...

I like peteM's 'tough love' post :smile:. His recommendation about thinking like an institutional investor is something worth considering in my opinion.

I also like his point that says basically...
Forum: Psychology and Money Management February 19th, 2016, 09:15 AM
Replies: 155
Views: 37,778
Posted By xplorer
That sentence scares the hell out of me. The idea...

That sentence scares the hell out of me. The idea that somebody is consciously aware of the fact that they have no control over certain parts of themselves and at the same time they trade an account...
Showing results 1 to 8 of 8

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

 


 
 


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