July 29, 2005 My trading storyâ¦ I started trading a $30,000.00 account January of this year. I started the year off trading 2 contracts of the ZN and was being stopped out of everythingâ¦down to $29,200. Then I started to think that Iâm never going to be exactly right on entry so I started to scale in 2 to 3 times as price ran against me on some trades. Well it worked and I was making profits daily. I more than once strung 10+ days of profit together averaging $300 a day with some $900 and $1400 days thrown in a couple of times. I was on fire. On June 21st, 2005, after only 6 months trading the account I was up to $49,800.00. I could see $50,000.00â¦. Heck.â¦Iâm leaving my job this year. Well by the close of the day I was down to $36,959.00. I had 65 contracts of the ZN by days end blindly selling 2âs then 3âs then 5âs and if IB hadnât sold me out of 30 contracts I would have kept selling. Thanks IB! So then I thought Iâm in this far Iâll hold overnight and decide what to do in the morning. To make a long story short it was Black Tuesday and Blue Wednesday as I liquidated my entire position by 9:30 the next morning and thank God I did or I would have probably blown up the entire account. $23,400.00 left Gosh Darnitt! I continued to trade the next day cause I make money 9 days out of 10 and I canât lose my fear to pull the trigger. Since my blowup Iâm up $200 one day. down $300 the next doing 3 to 6 trades a day. Iâm trying stops in the market nowâ¦..but seem to always get stopped out. Trying to scale in again but 2 or 3 scale ins and I gotta bail out. Iâm trading scared and I must stop for a while. Back to my realtor gig and Iâm taking a break. Am I doomed to eventual failure with a system that scales in as price goes against me? Is anyone currently successful trading a system that scales in to average a better price. Can a system possibly be developed that includes maximum scale-ins and maximum stop points? Why did I blow up? I must develop a system that keeps the inevitable large drawdowns manageable and protects me from myself. Darn, and I thought I had this sh.. figured out.