Forum: Trading Psychology 
Jun 10, 2011, 6:53pm
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Replies: 329
Views: 21,491 |
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Forum: Trading Psychology
Jun 9, 2011, 1:24pm
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Replies: 329
Views: 21,491  Re: I'm a masochist & it's hurting my trading :(
If you are bored and you start taking trades that aren't there just to have something to do... not good. Some folks want a little action (gambling), best not to do it in your trading account. An...
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Forum: Trading Psychology
Jun 9, 2011, 10:25am
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Replies: 329
Views: 21,491 Re: I'm a masochist & it's hurting my trading :(
The simple answer would be... stop doing what you're doing. No stop loss... sorry; you had it coming. If you can't wrap your mind around some sound money management skills and run your trading...
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Forum: Discretionary Trading
Jun 9, 2011, 8:34am
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Replies: 17
Views: 3,558 Re: Position Size & Risk. Help! I'm confused....
If you are following the money management rules offered by Dr. Elder then the 2% limit for a single trade would be calculated against your entire account (every dollar). The other facet of his rules...
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Forum: Discretionary Trading
Jun 8, 2011, 10:49pm
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Replies: 17
Views: 3,558 Re: Position Size & Risk. Help! I'm confused....
I would say… especially in your case, as someone who is just starting out… trade with whatever risk level you are comfortable with. If you can stomach losing $200, and not lose sleep over it, then...
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Forum: First Steps
May 28, 2011, 3:23pm
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Replies: 8
Views: 500 |
