revenge trading, no question. the loss itself isn’t even the killer, it’s the 3-4 trades that come after it trying to make it back. they’re always bigger size, worse entries, and zero plan. fixed it by adding a 30 min mandatory walk after any loss above X% — by the time i sit back down the urge is gone. discipline rules that take action away from you work better than rules that ask you to be disciplined
jackofspades123 on
Which firm do you run?
velvetymon1 on
Another day, another AI slop
LetWinnersRun on
It’s the rules prop firm put in place. Collecting fees hoping no one passes.
All of these could be avoided if you didn’t have monthly fees and allowed trades to be held overnight.
AppearsInvisible on
“Most traders don’t fail because of strategy. They fail because of risk management…”
Surely anyone who “runs an options prop firm” would consider risk management as part of trading strategy… It’s like trading 101.
5 Comments
revenge trading, no question. the loss itself isn’t even the killer, it’s the 3-4 trades that come after it trying to make it back. they’re always bigger size, worse entries, and zero plan. fixed it by adding a 30 min mandatory walk after any loss above X% — by the time i sit back down the urge is gone. discipline rules that take action away from you work better than rules that ask you to be disciplined
Which firm do you run?
Another day, another AI slop
It’s the rules prop firm put in place. Collecting fees hoping no one passes.
All of these could be avoided if you didn’t have monthly fees and allowed trades to be held overnight.
“Most traders don’t fail because of strategy. They fail because of risk management…”
Surely anyone who “runs an options prop firm” would consider risk management as part of trading strategy… It’s like trading 101.