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Search: Posts Made By: tturner86

Forum: Psychology and Money Management

February 12th, 2014, 02:21 PM

Replies: 80

How do I not take losses personally?

Views: 14,332

Posted By tturner86

That is golden, Van Damme bio added to my list of...

That is golden, Van Damme bio added to my list of books to get.

Forum: Psychology and Money Management

February 9th, 2014, 10:07 PM

Replies: 80

How do I not take losses personally?

Views: 14,332

Posted By tturner86

I agree. suko Holding on the a losing...

I agree.

suko

Holding on the a losing position is not helping you. Did you have a stop loss for the trade? Either actual order or mental stop loss area?

If your trade has violated that stop...

Forum: Psychology and Money Management

February 2nd, 2014, 07:51 PM

Replies: 80

How do I not take losses personally?

Views: 14,332

Posted By tturner86

Yes, take the emotion whether good or bad out of...

Yes, take the emotion whether good or bad out of the equation. Each trade should be entered and exited based on your plan and strat. If the entry is valid you should be in, if the trade is no longer...

Forum: Psychology and Money Management

January 31st, 2014, 11:09 AM

Replies: 80

How do I not take losses personally?

Views: 14,332

Posted By tturner86

Absolutely. There are 4 outcomes to a trade....

Absolutely.

There are 4 outcomes to a trade. Big Win, Little Win, Little Loss (including B/E), and Big Loss. With correct stop losses and correct risk:reward ratio you eliminate the Big Loss. Then...

Forum: Psychology and Money Management

January 28th, 2014, 09:32 AM

Replies: 80

How do I not take losses personally?

Views: 14,332

Posted By tturner86

There is an old saying "Don't lose the money and...

There is an old saying "Don't lose the money and the lesson." Each trade should benefit you in one way or the other. A loss should provide a lesson and experience on how to trade and a win should...

Forum: Psychology and Money Management

January 22nd, 2014, 04:28 PM

Replies: 80

How do I not take losses personally?

Views: 14,332

Posted By tturner86

Trade small enough to were it doesn't matter if...

Trade small enough to were it doesn't matter if the trade is successful or not. The idea is to get away from thinking about the money. In something like the M6E you will not make a lot of money nor...

Showing results 1 to 6 of 6

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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