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I struggle with the same problem, the biggest challenge for us trying to pass the combine is the daily limit loss, and the solution is very simple ... Set a Rule and Keep it ...
But sometimes trying to 'fix' our problem we go for the last trade and we make the hole bigger ...
The next post so happens to be my biggest loss ...
Can you help answer these questions from other members on NexusFi?
Hey Dralion. I've been following your journal and just wanted to say keep up the good work. We all have bad days but the important is to have more green days and cut our losses quickly (I struggle with this one a lot). I passed the 50k combine a few days ago and now im on the FTP. Hopefully we will get funded around the same time. Keep your focus and you will get there.
@RichGirl ... Thank you for your kind words, I am totally committed to get Funded and make Trading an important part of my Financial Freedom.
I have been traveling for 3 weeks, and last Friday I got technical issues that created some chaos, I am still positive on my Combine, but last week was my first losing week
Today I have been working to get my system back up, but most likely will re-start trading next Monday ...
I will keep this journal until I get Funded that hopefully will be during the first week of April ... Will keep you posted ...
@sabrinavvv thanks for asking ... I had major issues with my laptop ... and I am almost ready ... Honestly very happy with the upgrades and fixes made to my laptop ...
I live in La Paz, Baja Calfornia Sur in Mexico, there I have a nice setup with a Tower PC and 4 monitors that work nicely together. When I traveled it is usually for 3 or 4 days, but I came to close a Real Estate Sale that got very complicated and I have been away from home for 25 days and will not be back until the coming Thursday afternoon ...
So as you can imagine without my main tradestation, traveling and issues with my laptop has been very hard to trade.
Tomorrow Sunday I will be traveling to Texas and back home Thursday for a bunch of work related activities ...
So honestly I will be at my normal trading setup until next Monday (March 27th) ...
I will keep my Journal until I get funded, and will be a better read soon ...
Gracias @sabrinavvv ... I will keep on Journaling for some time
Just a little consideration of what happens to me when i have a winning streak or better when i have a big winning day.
I tend to raise my daily goal according to that new level and this result on "neck or nothing" trades due to overconfidence. What i do, now that i know this bad habit, i try hard to reset it and start the new day with the montly goal in my head... divide it for 22 trading days.. finally doing the math again and doing a little remember of what are my goals, and suddently i trade more disciplined again... actually i do it even before doing pre market analysis.