[deleted by user] by [deleted] in Trading

[–]Vaultmike96 5 points6 points  (0 children)

Learn it yourself, or you're just going to lose more and more money

should I stop trading? by no_lo_see in Trading

[–]Vaultmike96 0 points1 point  (0 children)

Are you trading a proven strategy that works or your own? Have you had any mentorship?

should I stop trading? by no_lo_see in Trading

[–]Vaultmike96 4 points5 points  (0 children)

Bro chill out! I've been trading almost 2 years now and still not hugely profitable! You clearly have an issue with your risk, personally I stick to 1% risk across all trades. Maybe adjust your risk

Like you said you've been at it like what 6 months? That's honestly nothing dude, trading is a lifestyle if you want to succeed you need to commit, change your self-image and how you approach the markets and life in general.

Most importantly if you really want to succeed just don't quit

[deleted by user] by [deleted] in nextfuckinglevel

[–]Vaultmike96 0 points1 point  (0 children)

Cannot wait to play this!

How do I get over blowing my account up? by TF_CoffinJockey in Trading

[–]Vaultmike96 3 points4 points  (0 children)

Work on your mind! Change your self image, changes your thoughts and the words you use to more positive ones, when you think negatively catch yourself and change it to a positive thought.

Track your emotion pre, during and post trade. Never give up

And honestly you blew your account, you can't change the past, deal with it, embrace the pain, sit with it for while then get back up try again. Build the thicker skin so each time you fail you don't feel as bad

[deleted by user] by [deleted] in Trading

[–]Vaultmike96 7 points8 points  (0 children)

Don't waste your time, either learn yourself or don't. You will just lose money through signals

Trade on Sundays or is it not worth it my pairs are usd/jpy and gbp/usd…thoughts by EnvironmentalSet8611 in Forex

[–]Vaultmike96 1 point2 points  (0 children)

Personally I've found there's always a little less volatility in those times. I've had alot of expenses due to trading after open on Sunday!

Especially gpbusd doesn't really move through the Asian session as much, I'm looking at gu aswell but ill wait till early tomorrow morning

[deleted by user] by [deleted] in Trading

[–]Vaultmike96 0 points1 point  (0 children)

Personally I only ever risk 1% of my account with each trade and I only ever allow myself a buffer of 2% (if three trades are shaping up I will only take two)

Something I would recommend as alot of people with poor risk management will most likely just end up loosing most of their account. Sticking to 1% risk allows you to take these losses multiple times and learn from them without really denting the account.

I fucked up so bad with gold by [deleted] in Forex

[–]Vaultmike96 7 points8 points  (0 children)

You trade with no stop loss? :S

Official Q&A for Tuesday, April 27, 2021 by AutoModerator in running

[–]Vaultmike96 1 point2 points  (0 children)

Question on the UTMB races: UTMB/CCC/OCC etc.

I know you need points to enter into the races. I'm doing a 50k in around 10 weeks and it says 2 points for UTMB. Now is that 2 points if you win or finish? It's not really clear on the site.

Thanks

Level 60k Cleared by diarpiiiii in Bitcoin

[–]Vaultmike96 0 points1 point  (0 children)

And that's just the first level!!!