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- 21 Results (18 Replies , 3 Comments )
- Thehumble replied Sep 10, 2023
Thank you oneuniverse for all your useful and very valuable insights. I was searching for trading psychology and ran into your post. I was impressed with your valuable insights and trading wisdom at such a young age and everything you stated is ...
- Thehumble replied Oct 14, 2020
I agree 100% LDFX and thank you Riclater211 for initiating this important thread. Regarding my MM rules I democratically risk 0.3% of my actual equity on every trade, preferably 3 units of 0.1% each. I am a swing trader basing my signals on daily ...
- Thehumble replied Sep 5, 2020
Many thanks DonPato for your precious insights based on real trading experience. I hope like many others that you might continue to help with your vast experience and deep understanding on trading. Best wishes and God bless you for your kind spirit ...
- Thehumble replied Oct 19, 2019
Hi Thank you for all your time and great insights. Looking forward to hear from you soon. Greatly appreciated.
- Thehumble replied Jun 13, 2019
According to the great late Mark Douglas a winning attitude is a positive expectation of your efforts with an acceptance that whatever results you get are a perfect reflection of your level of development and what you need to learn to do better. For ...
- Thehumble replied Jun 8, 2019
Mark Douglas's "Trading in the zone" is the bible of trading psychology. A must read!
- Thehumble replied Jun 8, 2019
Thanks KeenPips Of course it is one of my fundamental belief, I simply didn't want to be redundant. Thanks for mentioning.
- Thehumble replied Jun 8, 2019
Instead of a trading philosophy I have a set of beliefs mostly based on the precious work of the great late Mark Douglas. 1. I make myself available 2. I embrace the risk 3. I keep expectations neutral 4. I pay myself as the market makes money ...
- Thehumble replied Jan 17, 2019
I embraced Turtles' money mgmt rules that I decrease risk by 20% for every 10% drawdown in my equity.
- Thehumble replied Nov 27, 2018
I completely agree.
- Thehumble commented Nov 13, 2018
BS plain & simple.
- Thehumble replied Nov 13, 2018
Thanks for your thread Minter. Insightful.
- Thehumble replied Nov 13, 2018
I couldn't agree more. Thank you for your insights and for your time and effort to share your invaluable experience. Nothing can be more important in successful trading that acquiring and maintaining an ideal trader's mindset.
- Thehumble replied Sep 7, 2016
I'm practicing being objective by identifying higher highs and higher lows or vice versa to clearly define the swing or trend on daily(if any). It seems obvious but many times for me is not, as my rational mind is trying to find correlations between ...
- Thehumble replied Aug 28, 2016
In my opinion acquiring CONSISTENCY as a mental skill is far more important that any specified monetary gain. I'm a swing trader using the daily timeframe and I aim to be profitable month in, month out first, and second preferably the percentage ...
- Thehumble replied Aug 26, 2016
I risk 0.5% of my equity per pair in forex usually equally divided in 5 units of 0.1% each(scaling in).
- Thehumble replied Aug 26, 2016
Nice insights from a real pro trader. Helpful but in my opinion we have to be oriented in time and space. His timespan of sitting and grinding for long periods of time in random markets (2-3 months) I think it's not typical in forex, but better ...
- Thehumble replied Aug 25, 2016
Analyzing and working on my myself I was inspired and I will forever be by the books and videos of the great late Mark Douglas. His masterpiece "Trading in the zone" I think is a must read for everyone, rookie or experienced alike. According to him ...