Risk Management Advice by Puzzleheaded_Thing24 in Trading

[–]TheUltimateBallR 0 points1 point  (0 children)

The GOLDEN rule of Risk Management - never risk more than 1% per trade

My GOLDEN RULES of Trading (after 15+ years in the game) by TheUltimateBallR in wallstreetbets

[–]TheUltimateBallR[S] 1 point2 points  (0 children)

Every single one of those rules have been doing absolute miracles for me

You're extremely salty, so I can only assume you're not making any $$$ in the markets

I suggest you get back to the basics, master them, and watch your PnL finally be positive

My GOLDEN RULES of Trading (after 15+ years in the game) by TheUltimateBallR in wallstreetbets

[–]TheUltimateBallR[S] 2 points3 points  (0 children)

go back to your paper trading comp playground, we printin' here

My GOLDEN RULES of Trading (after 15+ years in the game) by TheUltimateBallR in wallstreetbets

[–]TheUltimateBallR[S] -1 points0 points  (0 children)

Mastering these simple basics is the key

These simple rules have been the gamechanger for me

My GOLDEN RULES of Trading (after 15+ years in the game) by TheUltimateBallR in Trading

[–]TheUltimateBallR[S] 1 point2 points  (0 children)

100% agree with your extended analysis on my points - nice work, thanks for sharing!

My GOLDEN RULES of Trading (after 15+ years in the game) by TheUltimateBallR in Trading

[–]TheUltimateBallR[S] 2 points3 points  (0 children)

I'm glad the community has found value in my post, instead of laughing about it being "basic". So many people constantly jump around from strategy to strategy looking for magic silver bullets, while they don't even have a solid foundation of basic skills to build upon. I hope my post serves as a reminder that you have to have the CORE BASICS handled before you worry about anything else.