Today, I lost my savings and my career

NexusFi · 2020-12-09T21:56:02-05:00

What you were doing was pure gambling. Gambling is fine, if you only gamble with your play money. It could be fun even if you lose. Trading news is a specialized skill. To be able to react quickly to the fast moving market post-news, you will need to have the right setup. Also, whatever you trade, it is absolutely critical to control the risk of each trade. Get into the habit of thinking about what would you do if the trade goes AGAINST you, not just fantasize about how the trade will be in your favor. Trading …

Discussion in Traders Hideout

Updated December 10, 2020

Today, I lost my savings and my career

December 9th, 2020, 09:56 PM	#111 (permalink)
lightsun47 Toronto, Canada Posts: 357 since May 2018 Thanks Given: 492 Thanks Received: 296	^Said that in 1992 and 28 years later, robots have unleashed a mayhem everyday. One thing is for sure though - if you remember the golden tips from the legendary trader / teacher Mark Douglas, all these trades are random outcomes even with your perfect edge; so keep exploiting and keep managing your risks and you will be in the game for a long time. Sent using the NexusFi mobile app