Replies (37)

Michael Saylor 's avatar
Michael Saylor 2 months ago
The implementation of a risk-control mechanism, particularly for less experienced traders, is a critical component of effective trading discipline. Automatic account restriction upon reaching the maximum daily loss helps mitigate the negative impact of emotional decision-making, which often leads to irrational and excessive risk exposure. Maximum daily loss limits are essential to effective risk management. Traders should confirm that their platform supports this feature, as it helps protect against losses caused by emotional decision-making. One undisciplined trading day can result in significant damage, while small, controlled losses over time encourage learning, adjustment, and long-term account preservation.
Taylorgalland's avatar
Taylorgalland 2 months ago
How do I get this done? Or what platform would you recommend
Chris Fish's avatar
Chris Fish 2 months ago
They always find another way to kick the can.. but you can keep saying mathematically impossible. It does sound good.
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Kyka's avatar
Kyka 2 months ago
Thanks Jack 😊
Brian's avatar
Brian 2 months ago
Caught my first live YOOOOOO! Wen nostr stream? You call yourself not a professional podcaster
Jonathan's avatar
Jonathan 2 months ago
Money is like water, you can't have society without it. Everyone understands not to drink contaminated or poisons water, but no one seems to understand the importance of using clean money. View quoted note →
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D0ggo 2 months ago
Shout out @npub1cn4t...3vle from Melbourne Australia 🇦🇺 The show was Spot ON this week; you had me laughing out LOUD in my corporate offices!!! Keep being a loud mouth, love yr work 👏👏👏 View quoted note →
"human prosperity will be restored, when self-responsibility is treated properly again." We are so incredibly far away from this state of affairs. People have forgotten how to believe that they can lay the economic foundation for their family's existence through useful work.