Disliked{quote} point 4 is spot on. this is something everyone needs to get branded on their asses. there are no such thing as traders. only risk managers. that is the core of the entire financial market.Ignored
When you see it, BET big.
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Disliked{quote} point 4 is spot on. this is something everyone needs to get branded on their asses. there are no such thing as traders. only risk managers. that is the core of the entire financial market.Ignored
Disliked{quote} How will you make big money unless you are willing to take losses that hurts.Ignored
Disliked{quote} big money comes with consistency. consistency comes from knowing what you are doing and experience. as a trader, your sole job should be to manage risk, not manage expected returns. returns should be arbitrary. if you dont believe me, do the maths. assume you have a 80% win rate. ie, out of 100 trades, 80 wins / 20 losses. you risk 20%/trade for a risk reward of 1:1. to this point everything is pretty much calculable. now comes the tricky part. there is no way of predicting/calculating when a loss will occur or how many of it happens in...Ignored
Disliked{quote} big money comes with consistency. consistency comes from knowing what you are doing and experience. as a trader, your sole job should be to manage risk, not manage expected returns. returns should be arbitrary. if you dont believe me, do the maths. assume you have a 80% win rate. ie, out of 100 trades, 80 wins / 20 losses. you risk 20%/trade for a risk reward of 1:1. to this point everything is pretty much calculable. now comes the tricky part. there is no way of predicting/calculating when a loss will occur or how many of it happens in...Ignored
Disliked{quote} What I meant was how can you make money betting 1-2 percent per trade with a small account. I think you need to be a little bit more agresssive. And willing to take big drawdowns, as much as 50-60% but it should be money you can afford to loose.Ignored
DislikedThe less you give a fk, the happier you'll be! Not really joking, it means to stay cool and focused no matter what, but you already know that. The golden rule is never "invest" (who said gamble?!) more than you can afford to fkn lose! ...otherwise you get fkn freaking out and die!!! {image}Ignored
DislikedSometimes i don't accept why i'm losing. That was natural i think. And for everyone who accept losing some money in forex maybe they have a lot of money.Ignored