NexusFi - Search Results

Showing results 1 to 13 of 13
Search: Posts Made By: SoftSoap

Forum: Psychology and Money Management

November 16th, 2016, 08:21 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

Sounds like thinking about 'what the other guy'...

Sounds like thinking about 'what the other guy' will do' is a fine art. I think I'll add this to the things I should ask myself during a trade (still a WIP). Although if I were to think about it...

Forum: Psychology and Money Management

November 16th, 2016, 08:15 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

Wow, that is really good advice. I can't say I'll...

Wow, that is really good advice. I can't say I'll be able to apply this all at once but I sure as hell will refer to this and try to apply it as much as possible.

I love the 'get down and get...

Forum: Psychology and Money Management

November 15th, 2016, 08:43 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

I'm adding this to my routine psychology prep, I...

I'm adding this to my routine psychology prep, I don't have anything in there about over trading.

- The best trades set up and come to you, there's no need to chase them. [I've personally gotten...

Forum: Psychology and Money Management

November 15th, 2016, 08:22 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

Thanks Bob, another wise voice at FIO reinforcing...

Thanks Bob, another wise voice at FIO reinforcing the fact that it's best to be cautious during these events. I guess I just didn't realize how rare they really are. I honestly thought we would see...

Forum: Psychology and Money Management

November 15th, 2016, 08:15 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

When you describe them I think I was thinking...

When you describe them I think I was thinking about both, but specifically implied volatility.

I might've misunderstood but we traders remember the past, but we live in the future. So apart from...

Forum: Psychology and Money Management

November 15th, 2016, 08:04 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

Love this quote. I would add, "specially if you...

Love this quote. I would add, "specially if you know it will end soon and then you can swim as much as you want!"

Which is sort of what happened today, we didn't see that level of volatility so...

Forum: Psychology and Money Management

November 14th, 2016, 08:51 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

Amazing response chipps! Reinforces that I need...

Amazing response chipps! Reinforces that I need to relax a bit and not let the potential of huge wins due to high volatility lead me into a greedy path. That could eventually lead to ruin, and you...

Forum: Psychology and Money Management

November 14th, 2016, 08:32 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

I have not watched it, but thank you for the...

I have not watched it, but thank you for the reference. I'll be watching that documentary tonight as it's on YouTube.
https://www.youtube.com/watch?v=jLfjEMDJubg for anyone else interested.

Forum: Psychology and Money Management

November 14th, 2016, 08:06 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

To add to my previous reply, my short-term choice...

To add to my previous reply, my short-term choice doesn't mean that I will not try to learn how to adapt to these conditions.

Instead my focus will be on surviving these conditions for now, while...

Forum: Psychology and Money Management

November 14th, 2016, 08:04 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

I appreciate all the advice xplorer, suko, and ...

I appreciate all the advice xplorer, suko, and New Level

I've had the last couple of hours to relax, I think I might've had too much adrenaline flowing and I wasn't quite thinking properly. I...

Forum: Psychology and Money Management

November 14th, 2016, 05:46 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

I think that if I want to be a successful trader...

I think that if I want to be a successful trader long-term, I will need to adapt to every major trading condition.

This means low range days, trend days, extremely volatile and directional days,...

Forum: Psychology and Money Management

November 14th, 2016, 05:14 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

Yes. I was able to learn from my mistakes on...

Yes.

I was able to learn from my mistakes on election night, and adapted very successfully to the directional volatility we saw on Wednesday and Thursday last week. Truthfully though, I overtraded...

Forum: Psychology and Money Management

November 14th, 2016, 04:10 PM

Replies: 35

Best way to learn in a high volatile environment

Views: 6,673

Posted By SoftSoap

Best way to learn in a high volatile environment

I posted a similar question in my journal, but I wanted to get the input from a wider audience.

A bit of background
I'm a rookie trader, and I started fully live trading ~August (I took some...

Showing results 1 to 13 of 13

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)

View Results Discuss Poll