How to be....
- Thread starter ojo
- Start date
Starting out trading is scary. But in my opinion if you have a good system you don't need to be distracted by being with a prop firm. Start off very small. As your system proves itself increase your size. "Feel the fear and do it anyway." Read the book "Don't Worry , Make Money" by Richard Carlson. Trust yourself.
Also this article on anxiety and trading is good.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=17695906
You can do it. "We are stronger than our fears and more competent than our worries" (from the book)
**************************************************
"Our doubts are traitors,
And make us lose the good we oft might win
By fearing to attempt."
-William Shakespeare, Measure for Measure
Also this article on anxiety and trading is good.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=17695906
You can do it. "We are stronger than our fears and more competent than our worries" (from the book)
**************************************************
"Our doubts are traitors,
And make us lose the good we oft might win
By fearing to attempt."
-William Shakespeare, Measure for Measure
this is going to sound like strange advice but if you are starting with 50K I wouldn't use more than $2K on any one trade. Your grandmother worked hard for her money and you don't want to blow it. Keep it small until you've had 50 losing days. Then you can up it a little if you still want to. If all your days are winners then you shouldn't have to increase your position size. You'll be making a nice living.
