Futures & Forex Trading Blog - Topstep

This is a Guaranteed Outcome from Trading with a Gambler's Mentality

Written by TopstepTrader | February 24, 2018

Some traders confuse trading with gambling. They start to focus on the winning and losing instead of the decision-making. And that will assuredly lead to ruin — the unfortunate situation where a trader blows up an account.

The same lack of discipline that will allow an account to grow from $50,000 to $1 million in six months will cause it to fall from $1 million to $10,000 six months later. It's almost guaranteed.

If you can't trade disciplined in a one lot, adding size won't help. 

This episode of Coach's Playbook talks about how traders can avoid the gambler's mentality and maintain their bankroll for prolonged success. 

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