Registered: Jun 2011
09-26-12 07:31 PM
My strategy was so good it seemed like no matter what I did I couldn't lose. 90% is just money management. 10% is reading the market. So to prove just how much was money management I put on (in my paper acccount ) the worst read I could possibly think of in the market.
Sure as shit, it lost money every single day for over two weeks. After a while, I was looking for something to put on in my real account.
I figured, nothing can be this bad, and after losing even more in the paper, I put it on for real. At first it was great, then it just continued on down until I believed, "Man, this really is a bad position!"
Took a few profits, re balanced everything and got out about even and put on what I thought was a good read. Went to sleep for two hours and woke up losing everything I made yesterday, and the damn bad position in the paper (and if I had kept it on in the real) would have pushed me to a new account high.
at anyrate, I have a good position on now that I am comfortable with. But after that paper account took out yesterdays high, I just took the old mans advice and walked across the street and bought a bottle of that good old Kentucky Whiskey.
And that is why I am posting today, at less than where I was yesterday.
too much info?
oh well, you only have to read it once
well there, that's the .01%, now it's time to get back to posting 99.99% bullshit.