I agree with GMST. Trade ES in a simulated account until you are consistantly profitable for at least six months (not hours, or days, or weeks). DO NOT put real money to work until you have developed and proven your ES trading skill for a considerable amount of time. When your equity curve in the simulated account is consistently going up over hundreds/thousands of trades you will be ready to risk real money. Until then the odds are seriously stacked against you and you will keep losing $ over the long run. Closing a losing account to prevent yourself from losing your money is not giving up. It is playing it safe until you are truly ready which is what many winners have done.
quite frankly these have been total impulse trades with no sense to them what so ever... i'm going to take your advice.. but i'm going to put my money back to trading options where i have been sucessesful.. and work on a system to trade.. instead of punting impulse trades when i think actions is break one way or another.. i have issues with in the moment psychology.. its a bad habit that will take time to break.. i actually started trading direct to complement trading options.. i literally despise paper trading.. but i will do it if i have to.. i know most of all you guys are trading signal generated systems but your entering your orders in not mechanically.. i greatly appreciate your feed back... i'll gonna begin the backtesting of some ideas this weekend.. by all means if you have any paths to avoid and or direction i'm very open to suggestions..
in other words these were bad trades ,in hindsight ,there was no setup or a weak one at best,two important things to know when trading ,when to sit on hands is # 1,when to trade is # 2,you dont have to waste any time thinking about this,like the nike commercial,just do it..there are setups,it's boring, but you have to sit and wait for a good one,just one setup is all you need to get started,you can sit and wait for it 8 hours a day and when it presents itself,take it,you eat today,your acct is your ammo supply,you dont waste bullets,if you dont see a setup,you sit and wait,,if you sit and dont see a setiup and dont trade for a week,your acct is where it was,you are still in a position to add to your acct,your original goal is still possible to achieve...don't whittle it down to nothing on frivoluos trades..no taking time to break bad habits,just common sense..taking time to break bad habits is another way of saying i will continue on the same path and fix it sometime down the road..wise man or a fool..pick one