my question was who is telling the traders to leave the office. seems like you don't know how to read. the fundamental of trading the futures market is to hedge. go back to school and study the history and present of the futures market.
Some prop traders I talked with, confirmed that they have a pre-defined daily loss amount, which if reached, automatically liquidates all positions and locks their trading platform so they simply can't trade that day any more.
the market is always random. There is no "IF." You make like trading with stop is guarantee to success
1) If (again ) the market was always random, the only who profit from it would be brokers & exchanges ("the house" so to say). So this discussion would not take place at all as well as the whole forum. Who would seriously discuss making money by placing bets in a certainly random (like coin toss) environment? Market is environment of uncertainty, but not randomness. 2) No, trading with stop is not guarantee of success.
The more you post the more evidence you present that you clearly have no idea what you are talking about. Keep it up!
Once again, i asked a specific question who is telling traders to leave. What is the hold up? Am I pressuring you? This is simple question.
Either the risk manager, or the person who is providing the capital. I am surprised you need to ask as you are an expert in the field.
i do not know where you dig your stats from. most beginner traders lose their money not because of the small pool they put up. but rather, they have not learnt enough about the in and out of trading whatever they are trading in. those who know how to trade, do not need large pool of capital to trade profitably, and that is for sure. and if they use large pool to trade, their trading profits would be proportionately large as well. i do surely hope it is worth my while to wise you up to the fact that beginning traders lose most or almost all of their investment, NOT BECAUSE OF THE AMOUNT OF INVESTMENT OR CAPITAL THEY PUT UP FOR TRADING, but rather, they have yet to learn on real time, HOW to trade.... and how to preserve their precious pool of capital.... successful trading is a rigid discipline which requires consistency in your application of your trading plan. when you get your signal, you pull your trigger. or when your setup shows up on your screen, you jump in as your trading plan dictates you. if any of you are not able to do what i try to delineate above, then pls do not go on live.... to give away your hard earned money.... do not listen to what others try to persuade you to do. you must have YOUR VERY OWN trading plan according to your investment meaning the amount of money that you are willing to give away, if you are incorrect in your trading plan, your setup and your analysis. you do not need to buy anything from those who are hogging their wares or selling their almost useless training tapes or videos or seminars. nowadays, you can get most of the valuable training for free, from different trading houses or individual brokers. remember the old saying--those who can--they are busily doing it and making the money; but those who can not--they will try to teach others for a fee in order to earn a living, teaching others what they themselves can not do. i am only visiting your site very rarely, so if you wish to contest what is being explained above, you can direct your comments directly to nakachaletatgmaildotcom. thx everyone for your time. it will be my utmost pleasure if i can delay someone from giving their money away, too quickly and/or too soon.... arm yourself from head to toe with personal knowledge and live practices first ok.... cheers.
yes, i concur as i also have something to that sort, mainly: 1-whenever my trading strategies and trading plans fail to produce profit 3 times in a row.... i pack my gear and go up mountain helen for the rest of the day. 2-and whenever, if ever, i give away 2% of my trading capital for the day, three times in a row.... i'll walk away to chop some woods and get out my frustration. 3-if ever, because the slippage, i lose 10% or more of my capital, i shall pull the plug and go jogging in the wood for an hour or so.... trading for a living is not easy as many try to orchestra it in print or video. you need to put in lots of hours in front of your screen; learning, practising and disciplining and sharpening your personal skills very much like a prize fighter.... if you follow the 3 trading guides above, you'll never lose all your capital, nor will you live a day without trading money.... cheers everyone