Complacency in trading.

Discussion in 'Trading' started by Laissez Faire, Feb 26, 2023.

  1. deaddog

    deaddog

    Cool I wasn't sure how you defined it, so I asked. Best not to assume shit.

    At least now I know the problem, if there is one, isn't the trader.
     
    #91     Apr 23, 2023
    SimpleMeLike likes this.
  2. Hello deaddog,

    I am discretionary manual trader of the ES market as well.
     
    #92     Apr 23, 2023
  3. deaddog

    deaddog

    Maybe you could define that?
    Is that the reason you are down this year?
     
    #93     Apr 23, 2023
    SimpleMeLike likes this.
  4. Hello deaddog,

    Yes, I am sorry.

    Let me explain:

    My trading so far 2023

    Algo: -$5000

    Day Trading Manually: -$4000

    Overall trading the past 5 years I been trading, about -$8000 or something like that.

    Currently a losing trader of the ES market!
     
    #94     Apr 23, 2023
  5. deaddog

    deaddog

    How are you keeping the two separated? Different accounts?

    Oh yeah and you didn't define discretionary manual trader.
     
    #95     Apr 23, 2023
    SimpleMeLike likes this.
  6. Overnight

    Overnight

    Tough to get to that "Millionaire as fast as possible as that is the only reason for trading" mindset, yes? I hope that experience has humbled your goals.
     
    #96     Apr 23, 2023
    SimpleMeLike likes this.
  7. Hello Overnight,

    Goal is the same my friend. I would not be doing this if the goal was anything less. I be wasting good precious time.
     
    #97     Apr 23, 2023
  8. Overnight

    Overnight

    Perhaps change your approach to reach that goal, yes? -8000 over 5 years? Sounds like me. But my goal was not as ambitious as a million.
     
    #98     Apr 23, 2023
    SimpleMeLike likes this.
  9. Hello deaddog,

    Yes, different accounts. But I am about to stop the algo, it has exceeded max drawdown by like 3.

    My definition of a discretionary manual trader is just a trader like myself that takes my best guess based on trading experience on entry and exit. Other words are gambling trader or hope trader, etc etc. That is all me.

    Disclaimer: These are just my trading opinions. Please do not take what I say as truth because I can not prove anything I say makes a lot of money trading. Please trade per your own responsibility. I have been day trading manually for 4 years and my total profits is about -$11,500 so I am not a profitable day trader, yet. For 2023, I am down -$4000. I am working on recovery day to day.
     
    #99     Apr 23, 2023
  10. Hello Overnight,

    1 million dollars in my trading account cash money by End of December 2023 Overnight is my goal trading the ES market.
     
    #100     Apr 23, 2023