Recent Content by Michael White

  1. How do you calculate best optimal MM risk % per trade?

    Half Kelly is not the best option. In fact it is quite easy to find the best % MM if you know distrubution of your outcomes. You just need to...
    Post by: Michael White, Aug 3, 2015 in forum: Risk Management

  2. What are your disciplines and how you force yourself disciplined?

    Author of this thread asked „how you force yourself disciplined”. When you were a child your parents forced you to go to school and learn because...
    Post by: Michael White, Aug 1, 2015 in forum: Psychology

  3. What is your preference: Rich & Stressed or Average & Easy Money?

    In fact if you believe that you can't be rich and relaxed then you will never be so you limit yourself. I recommend reading about pareto rule and...
    Post by: Michael White, Jul 17, 2015 in forum: Psychology

  4. What is your preference: Rich & Stressed or Average & Easy Money?

    I choose Rich & Easy Money
    Post by: Michael White, Jul 17, 2015 in forum: Psychology

  5. How do you deal with losses?

    Yes, you can also find more information about using body language in dealing with losses here [MEDIA]
    Post by: Michael White, Jul 9, 2015 in forum: Psychology

  6. How do you deal with losses?

    It is also important how you think about your losses. When you hate them then you just decrease your losses. In fact you should enjoy or at least...
    Post by: Michael White, Jul 1, 2015 in forum: Psychology

  7. Grexit (Greece exiting Euro) what would be the consequences?

    I think that european politicians aren't afraid that Greece will go bancrupt without euro. They are afraid that Greece will improve their economy...
    Post by: Michael White, Jun 29, 2015 in forum: Economics

  8. Victor Niederhoffer and Nassim Nicholas Taleb: A Quick Comparison

    Mr. Niederhoffer took a huge risk without setting a stop loss. Black swan arrived and he went bancrupt like Nick Leeson.
    Post by: Michael White, Jun 26, 2015 in forum: Psychology

  9. Moment of truth phobia

    There is only solution. Accept the truth as early as possible
    Post by: Michael White, Jun 26, 2015 in forum: Psychology

  10. How do you deal with losses?

    There is also one more way of dealing with losses. When you take a loss you usually feel like a loser. But you can change it. Just give yourself...
    Post by: Michael White, Jun 25, 2015 in forum: Psychology

  11. How do you deal with losses?

    Few years ago I had a very big problem with dealing with losses. But I have found a solution. In my opinion the best way is saying (for example in...
    Post by: Michael White, Jun 19, 2015 in forum: Psychology