Thread: Should I throw in the towel after being in the negative for 10 years?

10 decades of what? This may just be the equivalent of a couple of months of full time trading, which is not much. That said, I feel that a fantastic trader must have a sharp mind, and individuals with sharp minds learn fast.

All of the talk of money management is placing the cart before the horse.

Originally Posted by ;

to raise your odds try 1 percent risk program at least for 1:2 first target then 1:3-1:5. .then you have earn the right to quit for the day. . Consider it. I think you have a MM problem. . 10 years should be sufficient time to test this time right. . Only 1 percent just risk reward at least 1:2 better 1:3. . That's a golden rule you need to test out.

Dropping to 1 percent or choosing a certain R:R won't make him a fantastic trader. He needs to spot good opportunities, and it is extremely unlikely he's doing so. There are also no golden rules regarding R:R or risk amount. I'd drop the proposal of R:R altogether, as the focus should be on good decision making, rather than trading by some arbitrary figure. Good trading, and the likelihood, risk and reward will all work out.

10 decades and no profits sounds like a plogical issue plus also a question you have to ask yourself--
Can I trading to genuinely earn money consistently or to pump myself up with the rush of gaming?
If you are in to bet, then you are here in order to meet an addiction and you should expect to lose.
If you are in to seriously earn money, then what exactly are you doing wrong? Proceed to school, stop trading live and find out to trade. Read, research, commerce on demonion, backtest your system to be certain it functions, heck, even receive a trading mentor. Get your head straight and whenever you've got a system that's always profitable and you trust, go live.