How To NOT Blow Up Your Trading Account

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  • Опубликовано: 4 фев 2025

Комментарии • 12

  • @longwoodcurrencytrading
    @longwoodcurrencytrading 26 дней назад +7

    Great presentation. Thanks for the deep dive! Loss is nothing; it's all just part of the 'game'. However Risk of Ruin is the planet destroyer and can not be ignored. There is a balance between managing risk and the border between it and catastrophic loss and our mind fights us all the way with the silent song: "it'll come back. It'll come back. It'll..."

    • @gizzad
      @gizzad 26 дней назад +1

      well said

    • @michaeltoma1023
      @michaeltoma1023 26 дней назад +2

      Totally agree Peter!

    • @longwoodcurrencytrading
      @longwoodcurrencytrading 26 дней назад

      @@michaeltoma1023 I hope so as all I was doing was agreeing with you! Great stuff!

  • @darrinmccormick7964
    @darrinmccormick7964 26 дней назад +2

    Great stuff here… helps our thinking progress beyond the typical “ya gotta manage risk” mantra (at a per trade level)…to truly aiding us in eliminating our Risk of Ruin (at an Account level). Thanks for sharing these valuable insights! May just be the “turn of the corner” to elevate and broaden our mindsets…which many of us still desperately need (at least for moi, as one who’s blown dozens of PA accounts 😢). New Year, New Mind! 💪🏼

  • @blueboyd5297
    @blueboyd5297 26 дней назад +2

    Always appreciate your videos and advice

  • @markp3309
    @markp3309 26 дней назад +1

    Awesome Michael. I still struggle with this issue and I appreciate your effort in putting out this content. Thank You!

  • @rolagzz20
    @rolagzz20 26 дней назад +1

    Good enough, and short enough, thank you Mike!

  • @zigzag1100
    @zigzag1100 26 дней назад +1

    Thank you for the insightful presentation video!

  • @fomosapian6790
    @fomosapian6790 13 дней назад

    👍