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The Trading Cafe

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The Trade Team #T3 (Free)

Public โ€ข 257 โ€ข Free

2 contributions to The Trade Team #T3 (Free)
Ready to Rock!!!
Hey Traders, I made it to the skool app, and I'm excited to be here.
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8
New comment 25d ago
1 like โ€ข 25d
@Earnest Slade Slade Aloha my brother
2 likes โ€ข 25d
@Dayna Dayne Let's go my sister
Confessions of a Revenge/Over Trader
Before I took Ryans 2023 mentorship class I was regularly blowing up accounts and starting over in new ones I had a huge amount of FOMO and greed I would take as many as 70 trades a day I would often enter trades without a SL or TP I chased candles I would move my SL to stay in losing trades I felt confused about how to select lots I kept trying to trade symbols that needed way bigger accounts than I had I risked too much of my account in each trade I didnt pay attention to news folders or whether it was the right time to trade that symbol I traded angry, upset, distracted, not feeling well, or over medicated. Ryan helped me create a solid trading plan: Risk, lots , SL, TP, when, what, confirmations I cultivated the habit of journaling my trades I strived for one good trade I released a majority of my FOMO I figured out how to calc the Lots I got into the habit of always entering a trade with SL and TP I learned to choose SL that let the trades breath. I stopped blowing up demo accounts and moved to my real account I have not blown my real account. lately I have been getting sloppy, my greed has gained on me and I have: increased my risk by decreasing my SL's and increasing my lots I did good on trades during Ryans live sessions which match my trade plan trading times but I then traded outside my trade plan times and lost and then over traded and revenge traded to try to regain the losses these are old bad habits creeping back I have managed to not exceed my overall max loss per day and so my account is not in danger of being blown up but I need to reign these bad habits in before matters get worse mostly I am not minding my emotions and I am trading when I am not well, or over medicated. I am being super honest and open so that I can get a handle on this behavior exposing it to the light so I can be more honest with myself in handling it. I am so thankful for Ryans training and I intend and plan to be more diligent.
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New comment 26d ago
4 likes โ€ข 26d
Powerful post because this describe me to a tee regarding my trading over the years
1-2 of 2
Kendale Nation
3
45points to level up
@kendale-nation-1326
Being a master trader

Active 11d ago
Joined Oct 26, 2024
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