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7 Comments

  1. arash soleymani-Reply
    September 7, 2016 at 1:31 pm

    great advice!.. thanks

  2. Tony Bennett-Reply
    September 7, 2016 at 1:32 pm

    Spot on. Most appropriate. Many thanks.
    Tony

  3. Mike Parsons-Reply
    September 7, 2016 at 3:45 pm

    Charlie – Great video and bang on the nail. Kind of where I am at the moment too. I went back to live trading at the beginning of August with a small account and a view to building it up between now and the end of the year. I have thought about the ‘value’ issue and for me I’ve dealt with it by keeping a daily log of my account balance with % gains/losses etc and so the thought of throwing away my gains on a badly thought through trade has, so far, kept me in line. If I hit my end of year target I was thinking of adding to my account but I am now thinking – why don’t I just carry on trading up my account? So I’ll make that decision at the time. Great to hear I’m not the only one who has been thinking about this issue.

  4. Richard-Reply
    September 7, 2016 at 3:46 pm

    This is the story of my trading life ! Never looked at adding to the account but does make sense on what you have said ! Thanks, good advice as always.

  5. David-Reply
    September 7, 2016 at 11:07 pm

    Me too. I bet when account sizes get big you have to break through another mind set warrior, though I doubt many of us ever reach it!

    Thanks Charlie.

  6. cj-Reply
    September 8, 2016 at 11:31 am

    good vid, iv just experienced a similar thing with actually stepping up from 1% to 2% due to allowing for a minimum market stop of 20 pts. However, its seemed to change everything and created me a 3 day loss in a row (emotions kicking in) however im back in control now.

    Charlie – love the front garden grass cutting btw ūüėČ superb work brother!

  7. Jocky-Reply
    September 13, 2016 at 2:27 pm

    Scary! This is exactly what I’ve been doing and exactly what I’ve been thinking of doing with my account.
    It’s easy to put on small positions and not worry too much about the loss as it’s so small, I think this leads to poor analysis and a “jump in and give it a go” style of trading, which isn’t really trading at all.

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