What about the marketfaker doing his arse on a regular basis pattern. I am good at spotting that one. You and your team having a blast racking up those $100 Nadex demo dollars. Bisous.
Watch and learn? How to lose trade after trade with no methodology, no discipline, no logic, and likely, no real money. Amazing how someone is so proud of their trading accomplishments which are so pathetic. Fascinating to watch this train wreck in near real time.
The ym has not topped. Just a pb. Getting ready to make new highs. Might wanna make haste and get long. Sorry.
Dude. No single trade should worry you, losing trades happen all the time. If you risk 0.5% to 1.0% of your capital there isn't anything to worry about. The all in mentality will end in financial & emotional ruin.
So who else considers market to have developed a top, not necessarily something that would mark an end to the bull trend, but a top is a top nevertheless.
The OP has gone 'all in' in his paper trading journal account. Risking 100% of nothing, is still nothing. And he has no reputation or credibility to lose either..never had any in the first place . Still, very good advice to warn new traders not to risk more than 1% of the account on any individual trade.
yes 1% of account is punchy, 0.5% is a more relaxing trade in my experience. It's all about account size. If your account is only $10000 nobody risks $50 as it's not meaningful to them. They risk 5%, 10% or worse and that's when you paint yourself into a corner. To trade for a living ideally you need $100k imo, its possible on $25k to $50k but it ramps up the pressure. Until you can get to the point where you are completing relaxed win, lose or draw it is hard to make it in this game. If you start with $100k and have an incredibly bad run and go down to $90k it's time for a break and re-evaluation but is is NOT going to kill you emotionally. all about account size and actually being able to trade!