Confidence

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Thread: Confidence

  1. #31
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    Confidence
    I always tell newbies that if you don't have trading plan, i.e. parameters that define your trading activity - number of trades per day, max drawdown, profit and loss targets and other rules - you won't be able to grow and improve yourself as a trader. That's why many newcomers fail - their trading quickly turns into gambling.

  2. The Following User Says Thank You to babushkafx For This Useful Post:

    Lea (11-08-2022)

  3. #32
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    Quote Originally Posted by babushkafx View Post
    I always tell newbies that if you don't have trading plan, i.e. parameters that define your trading activity - number of trades per day, max drawdown, profit and loss targets and other rules - you won't be able to grow and improve yourself as a trader. That's why many newcomers fail - their trading quickly turns into gambling.
    Thanks so much for this, these are the right words to describe what's needed. In fact this post should be pinned by all traders.

  4. #33
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    Quote Originally Posted by Lea View Post
    Thanks so much for this, these are the right words to describe what's needed. In fact this post should be pinned by all traders.
    I couldn't agree more with what he shared, so timely. I learned this the hard way though.

  5. #34
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    Quote Originally Posted by Nich View Post
    I couldn't agree more with what he shared, so timely. I learned this the hard way though.
    Yeah, the guys post hit me hard. Some days ago a friend got liquidated on futures because of this same reason.

  6. #35
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    Quote Originally Posted by Lea View Post
    Yeah, the guys post hit me hard. Some days ago a friend got liquidated on futures because of this same reason.
    You know something, every now and then the guy's post keeps ringing in my head, it was really timely.

  7. #36
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    fashion boy shoes B*i viết của bạn hay đó

  8. #37
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    Quote Originally Posted by Nich View Post
    You know something, every now and then the guy's post keeps ringing in my head, it was really timely.
    Same here bro, it came really handy!

  9. #38
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    Quote Originally Posted by Lea View Post
    Same here bro, it came really handy!
    Yeah, we need more people like him in this space, so impactful.

  10. #39
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  11. #40
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