I have a single account and I exited the market with a profit today, but it’s not every day. So I assume there should be a switch that works like I did using the kill switch manually (the kill switch stops trading for 12 hours after 2 or 3 trades).I think it works better for single account holders
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very helpful
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I’ve heard about this kill switch but I didn’t understand what it means. about it. He then wants the system to block him from making any more trades for the next 12 hours. Is this what this kill switch does? Block further transactions.
Is my understanding correct or do you mean something else?
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Yes I have used it many times and it is very useful.thanks for thinking
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The reason why the system wants to block you. Close your PC and do nothing. Is this so addictive that you need a system to block you? just ask.
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Yeah, definitely that greed or fear takes you. I have tried everything else but the above topic is the only one that can help me.
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I want the system to block me because the day will end in extreme deficit instead of profit.
This will become a big problem as the capital grows. It is necessary to pluck the buds.
try this out. If you make even one mistake (breaking the trading rules), take the next day off (self-imposed ban). After two consecutive misses, he rests for two days, and he doubles this number with each consecutive miss. I did this in my early days and it worked like a charm.
Personal best, 6 month ban… I think that was the last time I broke my own rules.
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yeah this is great. I believe this was fruitful.thanks for thinking
In words this sure helps me and hope all other bodies
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In fact, the reason I’m drawn to this topic is because I lost a lot of money in a day/month/year/year. And when I look back and analyze the days I lost, if I made a lot of trades that day, I think someone stopped me from making those trades. In the future, this switch may come and save others.thank you
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I hope so. I have lost a lot for the same reasons, so I can feel it.
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A kill switch can only delay the inevitable if you’re into the deal. Judgment of addiction clouds. Breaking addiction is necessary for profitability.
According to what users are saying, this can cause serious mental health issues. Sounds. I think leverage is one of those issues that wipes out the whole capital. This is really new to me.
The whole intention of getting into equity is to put savings on hold, and equity is one of many ways to save money and create wealth. That’s not it? Anyone who uses a kill switch should really avoid this and be happy with their investment.
If you can’t control your emotions, you can’t be a trader. A kill switch that isn’t going to fix things.
The only solution is to train yourself and discipline yourself well. Train yourself, it’s not rocket science. If you feel like you’ve only made a few transactions, use the 3 checkboxes to create a manual diary, check all three checkboxes, and then close your browser. The market is always here and every day is an opportunity. A loss of money is a greater loss than a loss of opportunity.
Journaling helps a lot.