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Simple Ways to be a Losing Trader

By Dave Mabe

Here are some simple ways to be a losing trader.

  • Don't keep a journal - just eyeball your daily P&L number

  • Enter trades without a plan to exit

  • Place trades manually in the GUI (or even better, on your phone)

  • Use ballpark position sizing - size your positions based on feel

  • Watch other traders post their trades on X/Twitter

  • Whatever you do, don't backtest

Any other good ones that I missed?

-Dave