Be honest, guys!
Who's still do revenge trading?
The moment after you lost (even if it’s not that big), it suddenly feels so itchy.
You just want to get your money back immediately.
As a result, in the next trade:
- Lot size gets massively increased
- Leverage maxed out
- Going all in
You hope the next trade will profit and cover the first loss, but usually you just end up losing even more.
It usually happens because:
- When you’re unlucky, you lose, and the loss becomes much bigger.
- You get scared to lose money, and close immediate on slight profit
- Or the opposite: you become greedy. You want huge gains, refuse to take profit, then the market reverses.
- When you finally close the position, you get hit with fees and end up with tiny profit… or even another loss.
Pro-tip:
The exact moment you feel that strong itch to recover your loss, that’s when you must stop trading.
Do something, enjoy life. Watch porn, masturbate, or something
Who's still do revenge trading?
The moment after you lost (even if it’s not that big), it suddenly feels so itchy.
You just want to get your money back immediately.
As a result, in the next trade:
- Lot size gets massively increased
- Leverage maxed out
- Going all in
You hope the next trade will profit and cover the first loss, but usually you just end up losing even more.
It usually happens because:
- When you’re unlucky, you lose, and the loss becomes much bigger.
- You get scared to lose money, and close immediate on slight profit
- Or the opposite: you become greedy. You want huge gains, refuse to take profit, then the market reverses.
- When you finally close the position, you get hit with fees and end up with tiny profit… or even another loss.
Pro-tip:
The exact moment you feel that strong itch to recover your loss, that’s when you must stop trading.
Do something, enjoy life. Watch porn, masturbate, or something
Stop being a crybaby trader!
When price hits your stop loss and then immediately reverses back into your profit zone… what are you going to do?
I get it, it feels painful. Sometimes you'll want to curse.
But your attitude is what will determine your success as a trader.
Crybaby / weak trader:
"This is stop loss hunting! Institutions and the exchanges are conspiring with big players to take my stop loss!"
(Meanwhile, who the hell cares about your $20 stop loss, bro?)
Professional trader, with a calm mindset:
"Oh, hit my stop loss. Alright then. There are only two possibilities: Either I placed the stop loss in the wrong spot (which I’ll review and improve my analysis later), or I’m just unlucky right now. If I’m unlucky, I make sure my strategy still has a statistical edge."
Well, you can curse a little out of frustration, that’s fine.
But remind yourself:
THE MARKET DOESN’T CARE ABOUT YOUR POSITION!
Your job as a trader is to FOLLOW THE RULES. Stop daydreaming with “If only…” scenarios.
When price hits your stop loss and then immediately reverses back into your profit zone… what are you going to do?
I get it, it feels painful. Sometimes you'll want to curse.
But your attitude is what will determine your success as a trader.
Crybaby / weak trader:
"This is stop loss hunting! Institutions and the exchanges are conspiring with big players to take my stop loss!"
(Meanwhile, who the hell cares about your $20 stop loss, bro?)
Professional trader, with a calm mindset:
"Oh, hit my stop loss. Alright then. There are only two possibilities: Either I placed the stop loss in the wrong spot (which I’ll review and improve my analysis later), or I’m just unlucky right now. If I’m unlucky, I make sure my strategy still has a statistical edge."
Well, you can curse a little out of frustration, that’s fine.
But remind yourself:
THE MARKET DOESN’T CARE ABOUT YOUR POSITION!
Your job as a trader is to FOLLOW THE RULES. Stop daydreaming with “If only…” scenarios.
❤1
“Just one more time…”
Usually, right after a trading loss, when you say this… your account gets wiped out shortly after.
Why?
Because you start desperately trying to recover your loss, and your trading becomes filled with unrealistic expectations from the market.
In the past, I could trade dozens of times in a single day.
But now? 3 trades a day maximum.
We usually overtrade when we’re driven by emotions like greed or boredom.
The way to avoid it is to do other activities that make you “forget” about trading for a while.
Trading is not a job where the harder you work, the more money you make.
Believe me, “Maximum 3 trades per day” will save your account far more than any expensive methods or strategies out there.
Usually, right after a trading loss, when you say this… your account gets wiped out shortly after.
Why?
Because you start desperately trying to recover your loss, and your trading becomes filled with unrealistic expectations from the market.
In the past, I could trade dozens of times in a single day.
But now? 3 trades a day maximum.
We usually overtrade when we’re driven by emotions like greed or boredom.
The way to avoid it is to do other activities that make you “forget” about trading for a while.
Trading is not a job where the harder you work, the more money you make.
Believe me, “Maximum 3 trades per day” will save your account far more than any expensive methods or strategies out there.
From constantly staring at my phone all day to now genuinely feeling “free” because of trading.
Before, I used to check prices nonstop. Bitcoin, altcoins, all the way to the forex pairs I traded.
I was glued to the charts 24/7! Hoping for profit, while actually sitting on floating losses the whole time.
I even became antisocial whenever I hung out with friends.
Now, I only trade at specific times that I’ve set as my “working hours.” Those are: Asian session and just before the NY session.
(You can try it too, set time whenever suits you)
That’s it.
Just trade for a short period, then I can relax for the rest of the day, whether I made profit or not without staring at charts nonstop.
They say trading is for financial freedom, right? But if you’re still glued to the charts all day, where’s the freedom, bro?
Before, I used to check prices nonstop. Bitcoin, altcoins, all the way to the forex pairs I traded.
I was glued to the charts 24/7! Hoping for profit, while actually sitting on floating losses the whole time.
I even became antisocial whenever I hung out with friends.
Now, I only trade at specific times that I’ve set as my “working hours.” Those are: Asian session and just before the NY session.
(You can try it too, set time whenever suits you)
That’s it.
Just trade for a short period, then I can relax for the rest of the day, whether I made profit or not without staring at charts nonstop.
They say trading is for financial freedom, right? But if you’re still glued to the charts all day, where’s the freedom, bro?
Framework for trading, simplified
1. Find 1 strategy you are most comfortable with. Write its execution standard, entry anda exit plan, etc. Write everything in detail.
2. Back-test it. See how profitable (theoretically) the strategy over a large sample. If you are doing it manually, I am talking about dozens or maybe hundred times. If you use software, you can use many more data. Do tweaks, adjustments, everything necessary here.
3. Trade in demo account.
The purpose is to see if you can adhere the the rule you create. Trade for some time. Maybe a month or two if you are day trading.
Note your win rate and (demo) account growth, but take note of the more important part: The ratio of you sticking to the rules.
Keep doing the demo until you can achive at least 90% of the time sticking to the rules
4. Start trading with real money, but with small amount first. If you can be profitable with that small money, increase the amount gradually.
Simple, but very difficult to do
1. Find 1 strategy you are most comfortable with. Write its execution standard, entry anda exit plan, etc. Write everything in detail.
2. Back-test it. See how profitable (theoretically) the strategy over a large sample. If you are doing it manually, I am talking about dozens or maybe hundred times. If you use software, you can use many more data. Do tweaks, adjustments, everything necessary here.
3. Trade in demo account.
The purpose is to see if you can adhere the the rule you create. Trade for some time. Maybe a month or two if you are day trading.
Note your win rate and (demo) account growth, but take note of the more important part: The ratio of you sticking to the rules.
Keep doing the demo until you can achive at least 90% of the time sticking to the rules
4. Start trading with real money, but with small amount first. If you can be profitable with that small money, increase the amount gradually.
Simple, but very difficult to do
2 Traders, same skills, different results. Their mentality differs significantly because of capital discrepancy
Trading with your own money
- Limited capital. If you want to trade with $10k, you need to grind and save to get that much money
- Afterwards, it becomes pressure. Your hard-earned money, risked on trading
- If somehow your mental gets hit, you flip and your money can evaporate. Vanish.
- Without that much capital, you need more percentage to get meaningful profit.
Trading with propfirm/ funded account
Joni, trading sendiri.
- To access let's say $10k, you "only" need to pay the challenge fee around $100. Can be more, can be less, but the industry standard is around $100
- Limited risk. Should you go wrong or your mental get hit, the risk of losing money is "only" the cost of the challenge
- If you trade your own money with $100, you need to profit 100% to get $100. With funded account, you only need 1%. You'll get better risk protection
Your choice. Want to grind with your own capital, or level up to be professional trader?
Neither are right or wrong, but using propfirm will make you able to trade more professionally. Not a degen style all in.
Be funded trader at Fundism now!
- Zero Swap accounts
- Fast & Reliable Withdrawals
- 500+ instruments (Forex, Stocks, dll) di MT5
- Challenge 1-phase (Expert) atau 2-phase (PRO)
- There is also INSTANT FUNDED option
- Scaling up $1.000.000
Prove Yourself. Become a PRO. Get Funded.
Rule Your Strategy! 💰
Register here for 10% discount:
https://portal.fundism.com/register/trader?link_id=ruwviu2f&referrer_id=EVOLUTION
Trading with your own money
- Limited capital. If you want to trade with $10k, you need to grind and save to get that much money
- Afterwards, it becomes pressure. Your hard-earned money, risked on trading
- If somehow your mental gets hit, you flip and your money can evaporate. Vanish.
- Without that much capital, you need more percentage to get meaningful profit.
Trading with propfirm/ funded account
Joni, trading sendiri.
- To access let's say $10k, you "only" need to pay the challenge fee around $100. Can be more, can be less, but the industry standard is around $100
- Limited risk. Should you go wrong or your mental get hit, the risk of losing money is "only" the cost of the challenge
- If you trade your own money with $100, you need to profit 100% to get $100. With funded account, you only need 1%. You'll get better risk protection
Your choice. Want to grind with your own capital, or level up to be professional trader?
Neither are right or wrong, but using propfirm will make you able to trade more professionally. Not a degen style all in.
Be funded trader at Fundism now!
- Zero Swap accounts
- Fast & Reliable Withdrawals
- 500+ instruments (Forex, Stocks, dll) di MT5
- Challenge 1-phase (Expert) atau 2-phase (PRO)
- There is also INSTANT FUNDED option
- Scaling up $1.000.000
Prove Yourself. Become a PRO. Get Funded.
Rule Your Strategy! 💰
Register here for 10% discount:
https://portal.fundism.com/register/trader?link_id=ruwviu2f&referrer_id=EVOLUTION
🔥1