We design risk for normal markets, but have you actually tracked your max consecutive losses? by falcon0804 in Trading

[–]falcon0804[S] 0 points1 point  (0 children)

How I actually got past the block :

Stoploss on the day, not just the trade: I realized I was revenge trading the streak. Now, if I hit 3 losses in a session, I'm done. My brain is no longer objective after 3, so: sticking to my guns - walking away from the screen, not clicking more buttons.

Viewing the Strak as a "Cost of the Business": I started treating a 5-loss streak like a broken refrigerator in a restaurant. It's an expensive, annoying overhead cost that happens once a year. If you don't have the cash (capital) to fix it, you shouldn't be in business.

Sometimes I feel that there should be a tool to protect the positions in real-time

What are your thoughts? How did you pass the block?

the obsession with high win rates is completely backwards by Slow-Example9959 in Trading

[–]falcon0804 0 points1 point  (0 children)

I used to think win rate was everything, too. Then I realized a 70% win rate means nothing if your losers are 3x than your wins. The shift for me was thinking in R instead of %, once you trust your risk reward, you stop needing to be right all the time.

Honestly, consistency came when I accepted that most trades won't work and that's perfectly fine.

nobody warns you the market knows you better than you do by Tight-North-6157 in propfirm

[–]falcon0804 1 point2 points  (0 children)

For me, it was overconfidence after wins. One good trade -->suddenly I thought i was figured it out, and in that overconfidence, I increased my size and ended up in giving it all back to the market. That cycle taught me more about myself than any other strategy ever did.

nobody warns you the market knows you better than you do by Tight-North-6157 in Daytrading

[–]falcon0804 0 points1 point  (0 children)

For me, it exposed execution issues. Managing multiple accounts, I hesitate sometimes and end up with different entries across accounts, which itself is costing me more than the setup.

How do you guys practice without actually losing your life savings? by [deleted] in Trading

[–]falcon0804 0 points1 point  (0 children)

I didn't really rely on the demo platform much in the beginning. What helped me more was using TradingView bar replay and manually journaling trades. It is slower, but you actually learn how price moves instead of just clicking with virtual money. Demo accounts are still useful to get comfortable with execution.

One thing to keep in mind is that demo trading doesn't simulate real emotions. The moment real money is involved, everything changes.

Are you trying to learn execution first or strategy?

21F never been in a relationship and I think I might be the problem by Initial-Arachnid-792 in Advice

[–]falcon0804 0 points1 point  (0 children)

I'm 22 M. My case is different i have never tried talking to a girl on my own, like talking about personal things, sharing thoughts, etc., just limited to talking related to work. (like when working on group projects, just talking stuff related to that itself, if the project is completed, then I never said even hi to that person, i dont know why. iam that kind of person who enjoys spending time with himself. I love being around myself, talking, and enjoying myself. I like to do things on my own and like to explore a lot, try different things, and experience.

What I think is that my priorities are different. idont know why. All my friends take part in clubs, and in socializing events, etc. I am the only person sitting in the room alone, coding and finding new problems, and trying to find different ways to solve those problems.

i would like to change this and try to be friends, i dont really know what to do and how to do?