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Ep6: Undertrading/Hesitation

The Trading Psychology Podcast

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How to Handle a Loss With Prop Firms

If your position size is too big and it goes against you, you're going to do the same thing. Anything that causes you to deviate from your system is wrong. You need a lot of money already to be successful at Forex where you can do it for a living. 10, 15, 20% of not much is still not much. So there is the prop firm route. For some reason, so many people just never thought of that. I was glad I was able to bring that to them but what that did is it made a lot of people just go straight from the demo side into the auditioning side for a prop firm.

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