Are less trades and more rules the key to trading success?

For background I have been trading futures for a little over 3 years, first two years i passed a few evaluations but could never get a payout. I started adding a lot of rules and limits to my trading strategy, making it difficult for me to even take one trade a day. Limits related to time of day, economic news, and specific patterns within my strategy.

Since then my win rate has increased drastically, consistency, and confidence. I passed multiple evals in a row and passed around $10k in payouts over 4 months. One day I blew up emotionally and lost the accounts, thought my strategy was the problem and tweaked it. Clearly it did not go well, for months I was struggling, going back to old ways switching strategies but I could never get back to that previous confidence and consistency I had.

Now I’ve accepted where I am, what I’ve been doing wrong, and where I need to go which is back to my previous strategy. Limiting myself to only 1-2 trades per day, many days I take no trades, and wait for one single setup every day.

I feel so much better about my future in trading. And hope this helps people struggling. Start really looking at where you blow up, be honest with yourself, you may blame the day or the strategy but it’s probably you and a bad decision made.

The less trades you take, times when you are itching to get into a trade that is so close to your entry plan but just missing that last piece, when you pass on those trades you win, taking control of your impulse.

My trading does not feel emotional anymore, it is 90% systematic, and sometimes I will make the decision to stay out but that is just natural instincts that have come with years of looking at price action. Anyone can become profitable with enough discipline, limit yourself, set strict rules, and most importantly FOLLOW THEM. Trust yourself, you got this.

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u/Several-Banana-5369 — 5 days ago

Are less trades and more rules the key to trading success?

For background I have been trading futures for a little over 3 years, first two years i passed a few evaluations but could never get a payout. I started adding a lot of rules and limits to my trading strategy, making it difficult for me to even take one trade a day. Limits related to time of day, economic news, and specific patterns within my strategy.

Since then my win rate has increased drastically, consistency, and confidence. I passed multiple evals in a row and passed around $10k in payouts over 4 months. One day I blew up emotionally and lost the accounts, thought my strategy was the problem and tweaked it. Clearly it did not go well, for months I was struggling, going back to old ways switching strategies but I could never get back to that previous confidence and consistency I had.

Now I’ve accepted where I am, what I’ve been doing wrong, and where I need to go which is back to my previous strategy. Limiting myself to only 1-2 trades per day, many days I take no trades, and wait for one single setup every day.

I feel so much better about my future in trading. And hope this helps people struggling. Start really looking at where you blow up, be honest with yourself, you may blame the day or the strategy but it’s probably you and a bad decision made.

The less trades you take, times when you are itching to get into a trade that is so close to your entry plan but just missing that last piece, when you pass on those trades you win, taking control of your impulse.

My trading does not feel emotional anymore, it is 90% systematic, and sometimes I will make the decision to stay out but that is just natural instincts that have come with years of looking at price action. Anyone can become profitable with enough discipline, limit yourself, set strict rules, and most importantly FOLLOW THEM. Trust yourself, you got this.

reddit.com
u/Several-Banana-5369 — 5 days ago

How to find the right demographic to train

I’m starting to get more into personal training as a viable career, but am having trouble focusing on what sort of demographic I should train. I think I have the most personal experience and confidence in training the younger generation (14-21) and even up to young professionals. The issue or sort of worry I have is I want to charge enough to have my training and effort put in valued well but don’t see that as a realistic expectation with that certain demographic.

I’m definitely thinking longer term as I don’t have any paying clients right now, and will likely start out free until I have experience training a handful of other people, but if anyone has enough experience here in training different demographics please let me know your thoughts.

Most important thing I want to do right now is find people to train no matter the demographic but I’m confident in my abilities and feel as though focusing on a certain group could be beneficial long term.

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u/Several-Banana-5369 — 7 days ago

How to minimize “influencer” in personal training

I’ll keep it fairly short and to the point. I’m a recent graduate looking for career advice. Fitness is a passion of mine and I’ve got my personal training cert, however, I’m currently working a boring desk corporate job that i want to leave.

I would love to start personal training online since it can be scalable, it aligns with my natural interests, and I want to build something of my own.

I’m hesitant to build content, I get anxious in front of a screen and don’t really know if I fit the “influencer” narrative. I think my day-to-day routine can be interesting for people to see since I balance work life with fitness, social interaction, and various other things so maybe starting to document that could be a start?

I’m just not sure how to really get started, so any advice would be great, thanks.

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u/Several-Banana-5369 — 8 days ago

Looking to jump careers to sales

So I recently graduated from university in economics and have been working as a bank teller for a few months. It’s good experience in finance, banking, and customer service as well as simply being professional and reliable in work but I feel stuck. The work is the same every day and it feels like I have reached my ceiling of development in the role. I have talked to others in various departments at the bank like credit and loans, however I’m interested in a more exciting career with no limit on compensation, hence my interest in sales.

I like the thrill of closing a deal, building your own business, and growing my career into what I want. I have always been very disciplined and motivated so something that can be scalable, difficult, and rewarding over time is what I am looking for. I understand sales is very difficult, the pay is not consistent, and it is a very draining career but I think the fact that you’re working with people all the time, developing strong communication skills, and getting compensated in relation to the work and progress you build is worth it.

I am not the most outgoing person and am worried that will be an issue in my development in sales, but it’s also the reason I want to try. It’s something that will get me out of my comfort zone, to be able to handle and accept rejection many times over, and learn from my mistakes.

My sister is in mortgage sales and it interests me but I know there’s a ton of different areas of sales. I am just looking for some advice from people currently in the industry or who have just started out. What’s your experience? What do you like about it, what don’t you like about it, and are there any tips on how to prepare for starting in a role like sales? Thanks!

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u/Several-Banana-5369 — 14 days ago

Studying For MLO and General Career Questions

I’m a recent graduate from university working full time as a bank teller. It’s been good professional experience but the work is not interesting, and I’ve always had a more entrepreneurial mindset to grow my career in accordance with my effort. I have been interested in getting my RE license but had a talk with someone who said to look at MLO. I am more analytical and have strong attention to detail so mortgages seem more accurately aligned with my personality. The issue is I am a bit introverted and sales has always been a fear of mine. I am very driven and want to succeed no matter what, I know the risk of not making any money and the overall risk of being in sales. I just wanted to see what other people’s experience in the industry is. Thanks!

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u/Several-Banana-5369 — 2 months ago

Stop Making Fitness Complicated

This is my first post here and I’d like to make it short and simple. I have been working out consistently for over 5 years, have taken two personal training lessons in the beginning month and ventured off by myself thereafter. I have gone through various, likely most, fitness and diet regimens out there and have learned to optimize my own schedule to fit my current lifestyle. Here are the main points I want to express to people jumping to different fitness plans:

- Nutrition is not the cure to losing weight, there is no need for calorie counting or meal prep
- Consistency and exercise intensity is the most important to building muscle, time in the gym is not
- Cardio is possibly the most important factor in overall physique and health

Now these are three main points I want to cover in areas related to nutrition, muscle building (training), and cardio.

You do not need to workout for 2 hours every day.

Be consistent, weight training should be 25-30 minutes of focused work, cardio should be 30-45 minutes. Be aware of what you eat but do not feel the need to eat perfectly, you will not get fat or gain too much weight due to cardio.

It’s not very difficult if you’re consistent.

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u/Several-Banana-5369 — 2 months ago