Activity
Mon
Wed
Fri
Sun
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
What is this?
Less
More

Memberships

UniteThe99

712 members โ€ข $1/m

AMG Member Blog

216 members โ€ข Free

The Trade Team #T3 (Free)

272 members โ€ข Free

6 contributions to The Trade Team #T3 (Free)
Today's NY Zoom session?
Has today's NY zoom session started? I tried several times to log in and it says meeting hasn't begun.
3 likes โ€ข Nov '24
I am also waiting
Less is More
took some time to analyze my trading stats from the last few months my max trades a year ago, before the mentorship training, was 71 per day., I am now at 22. the stats showed that when I did 1 to 4 trades per day, my win rate was 78%, and getting half to 1% of the account per day. on the loss side the average loss was .41%. but when I went over 5 trades, because I lost that first trade, and slid into revenge trading, my win rate drops to 27% ! and my average loss jumped to almost 3% of the account ! so my changes to my trade plan for my real$ account are: 4 trades per day max if I loose the first trade I must immediately stop. reducing max allowed daily loss to 1%, was 3% I can best increase my profits by reducing my losses. part of me is thinking I could just go demo trade after that first loss, but I feel that would just reinforce the revenge trading, allowing me to indulge in a bad habit. I need to starve this one and break the bankrupting habit once and for all. many many thanks to Ryan for the trade plan and journaling training. Still no blown accounts ๐Ÿ˜, learning patience and consistency
Great trading day
stayed out of my real account because I was in severe pain, gained 3% in the demo account with NAS sells and S&P buys
NY Session
demo traded on gold, got my 1%
6
0
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.
2 likes โ€ข Oct '24
@Wendy Clarke thank you. must only trade WHEN my plan says to. trading all day was the option trading trap. Monday and Friday where not in my plan. I recently added them back and they just need to go. they need to go back to being study and re-eval days.
2 likes โ€ข Oct '24
thank you @Lady T Holmes Coach Max had me get out of the 1 minute charts. its just messes my brain into greediness. watching Ryan trade the 1 minutes was like falling off the wagon again for me. "Thou Shalt not Scalp" keeps me in line.
1-6 of 6
Evelyn Rosa
3
1point to level up
@evelyn-rosa-3054
: Evelyn: SRF 1NESS PEAKS TWF . Plant based, Ringing Cedars, Permaculture, NewYorican, BisAbuela

Active 19d ago
Joined Oct 22, 2024
INFP
New York City, New York
Powered by