Again, learn to read kid. I cant believe how incredibly poor your reading comprehension is. Here is the quote: "A trader with a 200K account making 20% a year works out to be $363 a day, assuming 220 trading days a year." Does it say "*A* trader with a 200K account...", as in a hypothetical trader, or does it say "***I*** trade with a 200K account..." ?????????????????? Thats right, you are a total idiot. I was showing you a simple example so you could grasp what being undercapitalized meant. Your little brain reads something that isnt even there. You are hopeless. You have failed trying to become a trader. You have lost your money for good. Its not coming back. Idiots and their money are soon parted. You will lose more. You will be incredibly humbled by the markets. You will find yourself full of rage and fury that I am right in the end. Then you will try to prove everyone wrong and lose more. You are a clueless, egotistical, and a hard headed moron who is going to blow out over and over and over again. These are my predictions, and no one other than your delusional self would dare bet against me. So how much do you have left in your account now? Did you, cough cough, "trade" today? How much did hitting little buttons cost you since the last time you threw money away???? I want to hear what your account is at 3 months from now. I predict zero, if you keep pushing buttons.
second round of competition for biggest swingin' dick has begun...steroids are in all effects legal for this confrontation; carry on...
Id rather be scared and have 200k then have balls and a blown out account, do not seek help from people if you can not take criticism.
Truth has the biggest balls known to man. Too bad his balls cover up his ears as well... kinda prevents air flow to your brain? The ego is in full effect though!!! Truth... like I said.. YOU CAN'T HANDLE THE TRUTH... so you are now resorting to putting down others who do this for a living to make yourself feel better. No one has sympathy for you, no one cares how badly you blow it. I did care very early in this thread, but now your cocky attitude has spoken for itself. You have all the answers, as I HAVE REPEATEDLY said, you think you know everything. You say that there is only 1 real trader here and he ONLY has 200k??? LOL, it's more than you will ever have. I graduated high school and work hard at this, yet you think it's just going to come to you. Like I said, your ego deserves it's own website. You are searching for the truth, yet the only thing you tell yourself is lies. You are the complete opposite of what a winning trader is. A loosing gambler is what you are. You have yet to show me anything to say you are worthy of even being called a trader. You just have excuses, and answers. That's all you got, and trust me, that is what you are going to have for the rest of your life unless you change, but considering you just looked at this post, and said "I already know that", well, you don't. Can you take your head out of your ass and just look at the number of people that have said you are not going to make it with your current attitude? Can you do some simple math and figure that 95% of real traders probably had the same dream you have had, and you are probably one of the worst case scenarios that I have seen on ET? Can you accept that? Can you acknowledge that you have issues that can not be solved here on ET.... that no matter how much we tell you what is wrong with you, you will ignore it anyways. Can you even agree with anything anyone here says without saying "Oh I understand," or "I already know that, but I know something better that you don't" or some other crap you come up with. Can you accept the fact that you will fail, that not even god can save your egotistical self centered wrecklessness. Like I said, this thread will forever be remembered by me and I will refer all newbies to it from now on, as I have done 2 newbies already. You are a leader in the future failures of trading/gambling. It just doesn't look good for you. === Can you handle that criticism... or do you have crap to talk about me, even though you know NOTHING about me, and yet you have spilled your beans to everyone here on ET? I still believe your going to come back on here trying to answer all these questions, to make statements to make yourself feel better. I know you can't avoid replying to this and attempting to make yourself feel better in any way possible. You have to do it... you can't resist it. So go ahead, do it then. It would do you much good to go back and read every single post you have written here on ET and try to honestly ask yourself *impossible* if that sounds like something a good trader would do. That is some great advice right there, but even you are too cocky and egotistical to even do that, because you can't provide yourself with any false sense of security, because you need to be right. You have not allowed anyone to prove you wrong. You've said you will do it better. You said you got pissed and started trading bigger size (to compensate for you big brass balls and growing ego) so that you could be right and come out on top. You just can't do it. So swallow your damn pride and ego, and admit you need to do a whole lot better, and you need to change, and stop defending yourself. YOU ASKED US IF YOUR CAREER *Not even career* IS OVER..... You got everyone's response. Were you coming here to look for holding hands to bounce that ego back up to full power??? You were wrong, and your pissed because of it and need to defend yourself. You just have all these damn issues with yourself, I mean, damn I'm not a psychologist but I can already tell you got bigger issues than what we all see. I can just tell you want success, and your not willing to work hard to get it, and you want to take the quick and easy way to get there. Trading is it, you put it all on the line, a trade goes your way, you are rich, and you do it a few more times, your suddenly a millionaire. That is how it goes in your mind. You will continue to do this. I can't say you will never give up, but some of the smartest and greatest people in the world knew when to cut thier losses and move on. Some of the greatest traders in the world do that same thing every day. Yet you will probably let the losses roll, because you want to be right, and take the winners quickly. This is you .... this is the opinionated TRUTH. Can you handle that?
This is as unbiased as I can get considering all that shit you talk about me so far. This is what I have seen in you. Now how do you respond to all of this? What is your excuse for all of the above.... or am I too stupid to understand all of the above, since you are too good for books like you said, you won't ever know about this stuff.... Since you are too good for everyone here, and you will be better than everyone else in your mind, you have to defend yourself on everything I just said... I'm just waiting for you to break down and admit you got huge issues, maybe then you'll stop having people on your case, but until you do, your going to have people that ARE BETTER TRADERS than YOU, tell you what they see, and some of the much better traders have came in here to voice their opinion as well. Do yourself a favor, swallow your damn ego, and accept that you got issues and ask people how you can solve them, not sit there and tell people we are nuts, we don't know you, and that you are better than us, and we don't make any money and we are not real traders. YOU ARE NOT A TRADER.... You have not yet begun to trade. Accept this, or just continue to do whatever you are doing and get the same stuff over and over. So what is it then? What is the answer to all of the above TruthSeeker???? or maybe the above is the TRUTH, ever think about that, or is YOUR TRUTH the only TRUTH there is? Quite frankly, I'd think any average human being would be able to accept some of this, but you are too good to accept criticism. If you can't honestly sit there and read this and say that you have got big issues, and that you are cocky, and that you have not taken everyone's advice seriously, then..... well, I'm going to let others finish you off, because this is about as serious as I can get with you anymore because if I see one more remark about how I trade, and yet you don't know how I trade at all, I'm going to just give up on this. I have done nothing but try to help new members on ET, and I talk to newbies every night VIA pm and chat and all that, and you are by far worse than any newbie I have ever talked to, and I've talked to quite a few that are money hungry, but you are something else. You better believe I'm going to be pissed if you didn't understand anything I just said as much time as I put into writing all this stuff. Because unless you have anything wise to add to the discussion, I'm just going to block you like I did the max guy so I'll stop wasting my time here because you just invite people to comment on you, and it's hard to resist, even though majority of the times I've actually tried to help you, you just don't listen to it.
Looks like I'm back on track. Made $1,781.25 today on 42 contracts. I'm at $9500 again. Things are looking good.
Truth If u keep playing with 42 contract a death spike will blow what is left in your account I would suggest u try to be consistent then trading big lot bro They are too dangerous U had 30-40k it is a god gift U could have done a lot with it any way i hope u know it isnot easy top make money in no matter what Any way good luck and keep us updated
*sigh* That's a good day, 23% gain. Except the whole point of this is for you to understand position sizing. Can you at least acknowledge the fact that you're trading too large and you could be wiped out any week?