These are rules I am implementing immediately to stem losses… Risk Management My daily loss limit is $50. If I loose more than $50, I stop trading for the day. My weekly loss limit is $250. If I loose more than $250, I stop trading for the week. My monthly […]

Who needs a Trader Medic? A trader who has hit rock bottom. Today, that is me. Below are the sad statistics of where I am a today in terms of P/L. As you can see I have lost a ton of money day trading, and I need to turn around […]