Go back on the sim dude, srsly. Im just throwing out a wild guess, but Id bet you dont have unlimited capital. Keep your journal going, I'll keep reading and helping where I can; but dont give any more money to strangers until you can actually apply these principles in real time. You know the sting of losing real money, you've paid some market tuition fees, when you can honestly say you are sim trading with a valid system then go live. You will be risking less and making more, I promise. You've managed to squeeze out an unreal amount of advice from the cynics on this board, dont blow up your account and take yourself out of the game. This is coming from a guy who lost a shit ton of real money, went back on the sim, got cocky, lost a shit ton more real money, did nothing but study charts bar by bar for what seemed like forever, went back on the sim, and just recently started to make my money back. Take my advice for whatever its worth. Just my 2 shares.
my Man SPD!...thanks for the true concern...I really appreciate it...honestly, I probably will not go back to sim/demo...been doing that forever, I will continue to trade with real cash $$$ and tweak my system...no concern of blowing my account...so, thanks...going to be trading with real $$$$...please keep posting though...okay!!///thanks!
If you can't make money with a demo how do you propose to survive with cash? something to consider... If you are going to throw money away there are some worthwhile charities that will put it to good use.
yea..easily make money with demo..it is time to buck up and make it happen with real and live cash no matter what!!!
I really do appreciate all the wisdom, encouragement and insight..have taken it to heart..honest sharing or p&l to continue
I know its tough but try to sim as much as you can. If you can make money in sim then you will make money in real. If you lose money in sim then you will lose money in real. How about trying to find a middle ground? 1 day real, 1 day sim. Also, you should save every trade you make and make notes on it. Print it out and write on the chart. your thoughts, your reasoning. It really helps. I do this everyday. And every few days I flip through the trades and try to see if I am missing something or if there is something I can improve.
i think most would disagree with that statement. Sim doesn't account for the number 1 part of trading, psychology of emotions. Much easier to make money on a sim.
Sim trading can be much more realistic once you have lost some real money in the markets. Not the same thing, but closer than it is for a total beginner just starting out on the sim.