As promised here is the thread🧵 on one of the risk management strategies I used in passing the propriety firms challenge.
this thread will be a little lengthy so get a bottle of water as I walk you through.
Doctors dont sit and fantasize about money while operating on a patient
Comedians don't think about money while telling their jokes
Ball players don't think about money when making their way down that court
They're focused on the craft
You as a trader need to be the same way
I trade fulltime for a living 👀
This is how I put food on the table 💵
Here are some tips for those of you that are interested in going fulltime as well 🤝
Read on 👇
What is your Stop Loss for?
It's literally a Risk to Reward Game not Breakeven to reward.
If you're scared or losing money, you shouldn't be a trader.
And also, if you're a trader still scared of losing, do your analysis well and calculate risk.
Breakeven is a stupid concept