“I feel enough is enough and I should hang my boots now…”

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Hey Mike,

I have been in the market for 5 years… unprofitable!

I have lost quite a lot of money as per my standards. I heard your podcast and have started trend following in Index Options now.

I have tried all types of trading and investments, like I started with investments, tried swing, intraday and commodities and am at a loss for now.

But I am very persistent, it’s been 5 years now when I look back on some excel sheets or some notes I took back 4-5 years ago. I feel enough is enough and I should hang my boots now but by nature I am very persistent and imaginative. I think of some new logic and try again.

I know a trend following strategy which worked for me for a few weeks until in 2 weeks it took 90% profit I have made. But luckily I still had 10% profit.

Can you please guide me on how I can control my risk in trend following?

Thank you!

Best Regards,
M. M.

Two weeks you used a trend following system? Then lost 90%? I am willing to bet you were not trading a trend following system in any way. The links below will set you straight.

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