Trading circuit breakers ..what dollar amount do you get down and stop trading

What dollar amount when you are negative do you quit trading for the day?

  • $500

    Votes: 0 0.0%
  • $1000

    Votes: 3 37.5%
  • $2000

    Votes: 1 12.5%
  • $3000

    Votes: 0 0.0%
  • $4000

    Votes: 1 12.5%
  • I never stop for the day..just keep trading

    Votes: 3 37.5%

  • Total voters
    8
Until you stop dealing in dollar figures, you're not going to find any answer worth a damn.

The sign of inexperience in a trader/investor, dealing in absolute dollar figures.

You need to switch your thinking over to percentages, risk/reward profiles, entry/exits, and overall realized movement v. anticipated movement.

Until you can work daily and consistently without having to look at your P/L, you will not really get anywhere.


Good Luck!

P.S.
Putting daily goals on your account (like I'll stop when I'm up $X) is only going to handicap yourself in the end.
 
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