Discussion in 'Journals' started by johnnyrock, Jul 20, 2017.
Traders Gone Wild:
Another thread got me thinking about the Wilder's, PSAR today.
It was actually @murray t turtle that mentioned it. Hmmm.
***I would still have to wait on the trend***
***stop is well defined***
I am not really sure if mixing cranberry and vodka with your morning coffee on a trading day is a good idea or not. However, with enough sugar it does taste like cake!
Short QM. Cover at 3:30 est if stop is not hit. I better set my alarm - just in case I pass out. (Paper trade under live, drunk-like conditions to simulate real world experience when suffering a draw down.) [48.95 is not the stop. My stop is based on the trendspotter indicator from barcharts on the USO]
Haha...I've noticed celebrating the wins and mourning the losses both have very similar outcomes when the bar tender says last call.
Wow! You are right. I had not noticed that pattern before, but it does ring true now that you have pointed it out.
It's a lot like leveraged trading. The bar tab is always the same, but it hurts so much worse on the down days.
Hey Johnny I see from your profile pic you made enough trading previously to buy a laundromat (which is cool). Why are you not trading those options now?
I was over leveraged and blew up, so I was just lucky and confused it with being a good trader.
At least u managed to pull enough capital to reinvest in a passive income source!
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