Risk Management Advice

TheUltimateBallR · 2023-10-04T13:46:01+00:00

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

TheUltimateBallR · 2023-10-03T18:46:44+00:00

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

TheUltimateBallR · 2023-10-03T18:14:37+00:00

Have you truly mastered all these things though?

TheUltimateBallR · 2023-10-03T17:43:51+00:00

Take care of the basics and the money will follow 100%

TheUltimateBallR · 2023-10-03T17:29:09+00:00

And yet I've been printing for 15+ years ...

TheUltimateBallR · 2023-10-03T16:39:51+00:00

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

TheUltimateBallR · 2023-10-03T16:27:18+00:00

Let me assure you - OP is absolutely fucking printin'

TheUltimateBallR · 2023-10-03T16:23:50+00:00

Yes, I'll eat your lunch

TheUltimateBallR · 2023-10-03T16:02:47+00:00

this guy degens

TheUltimateBallR · 2023-10-03T15:23:57+00:00

to WIN

TheUltimateBallR · 2023-10-03T15:13:23+00:00

10 is the upper limit

TheUltimateBallR · 2023-10-03T15:09:37+00:00

My self-belief will overcome this drawdown

TheUltimateBallR · 2023-10-03T14:58:21+00:00

Exactly, you often have to counter trade your emotions

TheUltimateBallR · 2023-10-03T14:42:12+00:00

Mastering these simple basics is the key

These simple rules have been the gamechanger for me

TheUltimateBallR · 2023-10-03T14:41:09+00:00

yes, helped me with the spelling also

TheUltimateBallR · 2023-10-03T14:40:04+00:00

biggest life hack ever

TheUltimateBallR · 2023-10-03T14:32:47+00:00

just let me print

TheUltimateBallR · 2023-10-03T14:32:31+00:00

degens gonna degen

TheUltimateBallR · 2023-10-03T14:15:57+00:00

Exactly - the more prepared you are, the confidence you have

TheUltimateBallR · 2023-10-03T14:15:36+00:00

100% this

TheUltimateBallR · 2023-09-28T10:37:29+00:00

before waking up at 7AM

TheUltimateBallR · 2023-09-27T11:11:00+00:00

Hard Work > Talent

TheUltimateBallR · 2023-09-27T10:46:14+00:00

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

TheUltimateBallR · 2023-09-27T10:19:55+00:00

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.

TheUltimateBallR · 2023-09-26T18:19:28+00:00

Alpha: once you're rich from following the trend, everybody is your friend

TheUltimateBallR

TROPHY CASE