alexstark

I blew up. Took a $3500 loss shorting TKAT and made all the mistakes in the book. Taking a week off to relax and refocus. Will upload trades on return. I'm reducing my risk from $100-$500 down to only $10. I haven't earned my risk level and need focus on consistency. I have a system that I'm gamifying in order to enjoy trading with the much smaller risk. Below is a sample of the rules. Each risk level corresponds to a. color and is the color of apple watch band I'm wearing. Each new level comes with a reward. @Steen is joining me on this journey! Wish us luck :) $10 - pink $50 - white + fancy dinner $100 - orange + new table $250 - yellow + fancy santa barbara $500 - blue + hawaii vacation $1000 - green + increased wedding budget $2500 - red + europe trip $5000 - black + ??? $10000 - metallic + buy a tesla w/ all the goodies >$10000 Quit job and enjoy financial freedom How to move up? 10 R for 10 trading days Must win 8 out of 10 trading days How to stay the same? Win or breakeven >= 5 out of 10 days No big losses < 10R for 2 weeks How to move down? Win/breakeven only 4 out of 10 days -2R on any one trade

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alexstark
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alexstark Mar 20, 21 1:54 PM

Slight modification to the above which is that we're going to do 10R per 20 trading days, all weeks must be green, and eliminate any of the $25xxx levels as we'll spend more time per level.

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