Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders cover image

379: Full-Time Trader Journey From $3k to $500k - Tyler Bollhorn

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

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Trading Inside Your Emotional Risk Tolerance

There's two ways to overcome that. One is to be comfortable with the risk you take. If losing $1,000 is too much, then you should not be taking trades where you've got that kind of risk tolerance. Start trading with very low amount of risk so that you're tolerant of it. That'll keep your emotions in check. And then the second thing is just having a plan, that written thing to go to to follow along and make sure you're following your rules.

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