http://www.urbandictionary.com/define.php?term=alpha male syndrome alpha male The alpha male is an act that is performed by males usually in their teens and twenties who act tough, are loud, and have to be the center of attention or they feel insecure. When a man is successful and in his thirties he no longer acts this way because he has grown up and realized that the entire alpha male act is phony. When was the last time you saw a rich, successful man try to pick a fight??? Never. The only guys that do this are the losers that go to bars to take their anger out because they are angry inside for going nowhere in life. 35yr old alpha male at the bar,"I'm bald, fat, I make 7 dollars an hour and I work a job I hate...what are you looking at? Do you want to fight? I need to kick someones ass today because my boss ripped me an new asshole for burning the fries at McDonalds and I need to take it out on someone."
Hey all this "alpha male" stuff is just my way of razzing my hecklers. I don't really believe any of it applies to me and my trading here. I've been under a constant barrage of criticism since I started posting my trades in this journal that's ok. Just pulling a few legs myself with the alpha male sarcasm.
Sitting here waiting for this to touch 131 again. Long ways up from here. Hope it gets there. Oldtime, how are you doing? What you up to today covering shorts?
Very close to a margin call here @40. Don't know where and when and what price will happenShould this occur I'll just take it as a lesson well earned and move on. A margin call bothers me less than the missed opportunity trades I might have had all day today. Confident I can make back any loss in a few days or a week.
You are gambling. You will learn from this and move on. There's absolutely no reason why you should even be trading 1 full lot with 2k in initial capital. That is 50:1 leverage. It's a recipe for disaster.
It's a risk but why gambling? Is it really an automatic recipe for disaster 50:1 with 2K account (account is 4K now). I have a pretty decent win/loss ratio I believe...most my trades are winners. Even closing here in 40's taking this loss my account is up 75% in 3 weeks. Still expect to close out above 80.
You may want to redo that math. HYPOTHETICALLY speaking it would look like this. that is a loss of roughly 1,312 ish on this trade. 4kish - 1312 ish = 2688 ish up 34 ish % not 75% Do you really think anyone is taking you seriously?
Give me a week my account will be 6K. Can't take anymore fall here margin warnings coming every few mins now.