blog manage the loss: praticopratic
&/ story
&&/ tips and trick élémentary
&&&/ what is the point?
&&&&&/ step after step!
blog 1 manage de the loss
My story,
Loosing is the game... to manage beware, and drive.....
" take time to manage you loss and the profit will come!"
Hello Guy,
I wrote the paper blog to reminber my mindset. If I can help you, I ll be so pleased!
How can I manage the loss positions! the first time I was the back packer loosingloss!
In march, I came to the Challenge of Tim Sykes. in 2018 I was waiting nearly 3 years before coming in! I staied in demo account to improve the rules before coming in the live trade.
I came from $6K to $135k in september 2021 but after I earn nearly $ 2k but I did not want to take my loss at $1K and the losses went down after days after days and fall into an hole in $50K , I did not want to cut, so the loss began to dip my profit so much.
One day, I had red day and $67k loss! I realized, at last than I was foolish. My monney management was so good at the begining. From $6k, I am allowed to go to $100 each and finish my day trade and switch to demo account. I had only less than $50 loss. I was so proud, I sent to the team my chart.
The Tim's sykes replied: " You got it! good but now it s to be consistent!". They added : take care of your money management that's why it's better to have another brokerages.
So in despite of the advises, I tried to earn $2k a day but I did not want to have $1K loss. My nightmare began with 2021 and 2022. I was waiting a long time to come in the market. But it was time to study inspite of my old old age. I had a notebook and tried to see video youtube. No age for learning.
Ill be the millionnaire in the team the older one! You ll see.
Say me if you have a lesson from that? did you like my post?best regards Anne Kptain
ps: english is not my mother tongue , so I apology for all the mistake in my blog!
over $25K cash in my interactive broker!
Join now or log in to leave a comment