The thing with trading is that you can have a great streak and be doing really good, and then you’re only one bad trade away from getting totally wiped out.i suspect the people who do Ok are those with incredible self control and a defined strategy.
Discussion
disagree
if a single trade can wipe you out, you haven't set a stop loss nor done a proper R:R setup for the trade
+ you should never trade with your whole stack anyway
I have to admit i'm a scaredy-cat, so trading was never an option.
bought shares and they have fallen completely … I found this idea of owning a small share in a company really interesting
They become machines following specific gameplans. They understand where they possess an edge, and where they don’t. They are masters of risk management, they can hit more stops than targets and still turn in a profit. They need perfect emotional balance.
perfect emotional balance is something I would love to have
Me too. I’d go back to trading… 🤣
Ngl I miss it, and I miss the profits. But at the same time life is so much more peaceful without it
you essentially just have a checklist, which you constantly reiterate and improve on
if trading ever becomes exciting, you are irrational and overly invested
it's something i've heard time and time again
the best traders get bored, as they just follow the same step-by-step process time and time again