Trading Strategies and Risk Management

But if you take two trades and they both lose, you took one at

ten lots, you lose. Take one at five lots.

That's half of what you leveraged on your first trade, then lost.

The next trade, you're taking five lots.

If you lose on that one, you're done for the day.

If you win on that second trade, regardless of what the win is,

you're done for the

fucking day. You do not trade in the PM session. Done.

But Michael, but shit,

you don't fucking trade again. You won.

Leave it there.

There's other trading opportunities.

Stop fucking thinking that one trade idea, that one particular trading

session is the be all, end all. That's your fucking career.

You're trying to encapsulate your entire fucking lifetime career in that one

trading day. The fuck is wrong with you? Stop thinking like that.

That's what every neophyte retail losing fucking prick

does. I'm telling you because I did that same shit when I

was twenty years old.

Stop.