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FTS - Risk & psychology — the guide

$21.99

Risk in numbers, prop firms and the traps of the mind, one by one.

Two traders can take the same setups and end the year one in profit, the other with an empty account. The difference: how much they risk, how they handle a losing streak, and what they do with the trade once they are in it.

This guide replaces slogans with numbers, from 10,000 simulated accounts, then takes the traps of the mind one by one, illustrated with my own mistakes from the Apex challenge.

Inside:

  • Risk in numbers: R, position sizing, losing streaks, how much to risk per trade.
  • Prop firms: you manage $2,000, not $50,000. Threshold types, the intraday trap, why a 50K is easier than a 100K.
  • The rules that protect the account: daily, weekly and monthly limits, and your risk plan.
  • Psychology: biases, fear of missing out, fear of pulling the trigger, exiting too early, euphoria, ego.
  • Revenge trading and tilt: the spiral from −2 R to −16 R, the tilt scale, the shutdown protocol.
  • Overtrading and session routine, with a contract to print.

55-page PDF, 41 sheets, 12 charts. English and French versions included.

Included free with the FTS Liquidity Sweep Pro indicator: right away with the one-time purchase, after the first month with the subscription.

Trading carries a risk of loss. Simulations use a fictitious strategy, no result is promised, not investment advice.