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Sunday, April 19, 2020

TTP - The Over-Trader Blues

Feb 18, 2020

Hi Ed,

Hope you all the best in 2020!

After reread your aggregated FAQ and real trading, I've got a question about: how could you doubled your account while minimizing the risk to a percentage like 2% to 5%?

I'm having a problem like the winners could not cover the losses, and if I cut losses short, it seems it couldn't overcome the daily fluctuation in the market (it's commodity market), is it simply a problem of too small in capital?

I hope I could survive in the market and get success again, but I realize my previous success was a result of my over trading, which I want to avoid it now and use what I have learnt from you, Ed.

Please help me and thank you for your time to read my silly words.

Best regards,

Thank you for raising this issue.

Daytrading, Overtrading and other forms of low-discipline Powertrading generally provide lots of thrills along the way and then, ultimately, an all-consuming wipe-out.

All this excitement can serve as very effective distractive medication to mask personal misalignment with right livelihood.

You might consider taking your feelings about <what you can do to serve others> to Tribe as an entry point.

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