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Search: Posts Made By: Massive l

Forum: Psychology and Money Management

March 19th, 2012, 11:40 PM

Replies: 10

when do you stop and reevaluate the plan?

Views: 2,896

Posted By Massive l

I risk $175-$300 per lot traded. Avg risk per...

I risk $175-$300 per lot traded.
Avg risk per trade is $225 per lot traded.

If I lose $600 on the day I'm done.
Or as mentioned, 3 losing trades in a row.

I haven't lost 3 in a row in a...

Forum: Psychology and Money Management

March 19th, 2012, 07:31 PM

Replies: 10

when do you stop and reevaluate the plan?

Views: 2,896

Posted By Massive l

For me, 3 losers in a row and it's time to chill...

For me, 3 losers in a row and it's time to chill or a fixed amount in the red that I don't go over.

Just because you get stopped out once does not mean you were wrong on the trade.
You may have...

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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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