Took out a loan to transition to full-time trading. 24 years old.

Discussion in 'Professional Trading' started by wabu27, Mar 14, 2016.

  1. I don't see any evidence of "success". Sadly, the OP lost 15% in 1 month.
     
    #261     May 19, 2016
    wrbtrader likes this.
  2. Humpy

    Humpy

    Is Wabu a warrior or wimp ?
    Put the lot on. Is it not better to live one day as a hero than a thousand years as a rabbit ?
    Yoooooo Hooo you can do it sunshine.
     
    #262     May 19, 2016
  3. Turveyd

    Turveyd

    Get your Red Dwarf Quotes right pls!!

    " Better to live a day as a lion than a lifetime as a worm!"
     
    #263     May 19, 2016
  4. Turveyd

    Turveyd

    -15% in 24days is better than most.

    Switch to Futures IMHO but restrict yourself to 1 contract till your back over 30K+ if not 32K+ then 2.

    Bet your trading scared........

    Your letting losers run, in the fear of them turning and missing it.

    Your closing profits to soon, in the fear of them becoming losers.

    When that starts your profits, will never cover your losers, STOP and work on it!!

    Ballsy, getting a loan to attempt this, better make it pay off :)
     
    #264     May 19, 2016
  5. d08

    d08

    So that was it, game over, no more summaries?

    Why all the bickering? some people in the thread are reacting as if it was their own money.
     
    #265     May 20, 2016
    conduit likes this.
  6. Humpy

    Humpy

    There but for 15 years experience I might have gone.
    Sometimes you have to be cruel to be kind. Losing regularly will obviously soon wipe out his account so he might as well go for it and have a 50/50 chance to getting it all back plus a bit ?
    What a dope !!
     
    #266     May 20, 2016
  7. Why suffering with regular losing, whether in trades all trader will hope they can get regular profit monthly, seems is true the market very cruel and no mercy
     
    #267     May 20, 2016
  8. d08

    d08

    So were you thinking he'll just give up because of what you say...or more likely were you saying it to make yourself feel good about being right?
    Let people make their mistakes. I have never seen anyone here start a journal and quit because of comments advising them to not do it.
     
    #268     May 20, 2016
    johnnyrock, conduit and jay_322 like this.
  9. No one listens anyway. Pain is always the best teacher. Pain compliance is what teaches us. suffer enough and behavior changes.
     
    #269     May 20, 2016
    d08 likes this.
  10. ironchef

    ironchef

    Not a good sign.

    Need a different strategy and mindset.

    Good luck.
     
    #270     May 21, 2016