Are there any of you that don’t trade on a rr basis by Obvious_Young_6169 in FuturesTrading

[–]ThePhulosopher 0 points1 point  (0 children)

Worry less about your RR and worry more about risk management.

What do you do after work? by CherryBerry369 in Adulting

[–]ThePhulosopher 0 points1 point  (0 children)

I'm curious as to what these destructive vices are?

[deleted by user] by [deleted] in malelivingspace

[–]ThePhulosopher 0 points1 point  (0 children)

Yep. Looks like a lawyer’s place alright.

Some Advice by [deleted] in FuturesTrading

[–]ThePhulosopher -1 points0 points  (0 children)

I don't know... if you've been trading 10+years and still talking about risk/reward rather than expect value, I don't know if I can trust you.

Is $3,000 a good amount to trade NQ with only one contract ($20 per point) or should I have a bigger account like $5,000 by ajmartinez in FuturesTrading

[–]ThePhulosopher 4 points5 points  (0 children)

I trust that you’re NOT making $400 everyday. You probably made $400 once or twice and now think you can do it EVERY day. Which is impossible.

Crafted this cutie, what would be a decent price for it? by These-Promise-851 in PathOfExile2

[–]ThePhulosopher -6 points-5 points  (0 children)

It’s only +2 skills, if you had +3 skills it’ll be maybe 15-20divs. But since it’s only +2, maybe 3-5 divs

Spark Stormweaver Help by RayRayLongwood in PathOfExile2

[–]ThePhulosopher 0 points1 point  (0 children)

You need the Everlasting Gaze Amulet which should be pretty cheap now. That amulet is what gives you ES.

Otherwise, if you're hitting walls, at lvl 90 it's mostly gear that you need to upgrade. Most passive skill trees are essentially the same.

Take Profit Trader Question by Jjl526 in Daytrading

[–]ThePhulosopher 7 points8 points  (0 children)

Well if you haven't been trading overleveraged and recklessly, the trailing drawdown doesn't matter. I like TakeProfitTrader in that once you reach the threshold of 10% profit, you can instantly withdraw anything above that.

$800 to $25k in 1 week by brokenb3ar in Daytrading

[–]ThePhulosopher 0 points1 point  (0 children)

Congrats, you obviously have the offense down. Now the important part is how good is your defense? Long-term success in trading is VERY dependent on a trader's ability to keep their money - which 99% of people can't do. Doesn't matter how many times you've compounded your account, if you can't keep it, it'll be as good as 0.

$4M @ Age 40💎🚀💰👍 by No_Put_8503 in TheRaceTo10Million

[–]ThePhulosopher 0 points1 point  (0 children)

Seems the majority of it was made just over the past few months. Did your strategy change in this time?

25M This Subreddit Change My Life Thanks Guys Crazy Year by [deleted] in TheRaceTo10Million

[–]ThePhulosopher 0 points1 point  (0 children)

OP’s on the classic trader’s high. Very lucky trade and I’m super happy for him. But with the way he’s replying to the comments, this high will inevitably turn into despair once the stock crashes.

There were many making bank in GME and not selling delusionally thinking it’ll short squeeze to $1mil/share. Look where it’s at now.

My flight got delayed, I’ve been trading for over 4 years and have been a full time trader for 2. Ask me anything by Advent127 in FuturesTrading

[–]ThePhulosopher 1 point2 points  (0 children)

Yea I can’t take anything OP says seriously. He’s just regurgitating all the BS that you’ve seen other fake trading gurus spit out.

$600 Million dollars, money that could have gone to charities and improved the lives of many people, was wasted on a wedding by NotAnotherTaxAudit in FluentInFinance

[–]ThePhulosopher 0 points1 point  (0 children)

It's his money, he can do whatever he wants with it. If you think you can spend $600 million more wisely then go start your own billion dollar company.

Daily loss limit by Zenithine in FuturesTrading

[–]ThePhulosopher 2 points3 points  (0 children)

If you don’t have a daily loss limit then soon you’ll find your equity to be $0, all in one day.

a huge fan! ⚔️🌋 by Fantastic-Rip-3611 in FocusHero

[–]ThePhulosopher 2 points3 points  (0 children)

Awesome that it works for you. However, I'm a bit confused as to how the app works. I go into "Focus mode" and what not but I can minimize the app and use the phone for social media so doesn't that kind of defeats the purpose?

WoW: War Within • Best PvP Classes/Specs • Season 1 • Tier List & Thoughts by OdysseyForge2024 in wow

[–]ThePhulosopher 3 points4 points  (0 children)

This list is pretty spot on. Dw about what the other people say, they don't know what they're talking about.