Yirbu wrote:IgazI wrote:prochargedmopar wrote:Posted this in the Discord:
I really need to quit trading because:
1. I can't take a loss,
2. I can't trade with the trend,
3. My family would like me to come back home.
You can succeed, just:
1. do less of 'a'
2. do more of 'b'
3. given a + b, consider your hold as it relates to 'c'.
The formula for making money is well known:
1. minimize risk
2. maximize reward
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This is a really nice post IgazI. Missed it before.
There are so much things I still need to learn (looking forward to it but step by step)
@Pro: how can you have a 3.5k loss when your avg profit +/- 125,- ??? Why? How?
Why do you say you can't accept a loss when you are accepting it every single week at the end of the week when your balance has gone down instead of up?
I also didn't like to take a loss but have accepted it's just the way it is. I see it as taking the garbage out. I dont like it either but I just have to do it.
What do you need to overcome your challenges?
No idea.
If I knew I would fix it.
Or maybe not, pretty sure I'm getting exactly what I want out of life just like the rest of us here.
Nothing is defined or cut in stone.
Maybe taxes and death? I'm sure dying will arrive right on time.
But even taxes aren't stone cold, I could always Not pay and end up homeless, it is an option.
