Joining the CME gang

Discussion in 'Journals' started by hilmy83, Jul 17, 2019.

  1. Ouch. Is that a 30 % loss in one single day? Like I alluded to earlier I suspect you run a very high risk profile. Fantastic returns, but also great risk. Another day like that and you're down to 60K.

    IMO, you should definitely scale down a bit in the next days to regain your balance and don't compound this loss further.

    Anyway, thanks your honesty and good luck!
     
    #371     Jun 18, 2020
  2. I can believe that hurts, damn. Big gains, big risk so I guess it is part of the game but I would not be able to keep my head cool in those circumstances. Hope you are better at it, at least very strong to stop trading!

    Maybe take half of your money out or even more and always run smaller accounts up?

    Anyway, fingers crossed days like this will be exceptions.
     
    #372     Jun 18, 2020
  3. hilmy83

    hilmy83

    it all boils down to pattern sequence recognition. How one setup transition to the next. Once you can get a sequence down, you're golden.

    Been honing my ability from 30 years of gaming. Isolating boss fights patterns /game events..
     
    #373     Jun 19, 2020
  4. traider

    traider

    where are you patterns? Order book microstructure or chart patterns?
     
    #374     Jun 19, 2020
  5. #375     Jun 23, 2020
  6. #376     Jun 23, 2020
  7. destriero

    destriero

    lol you really typed that...

    What was the FPS on that $40K loss?
     
    #377     Jun 23, 2020
  8. hilmy83

    hilmy83

    that was more like mmorpg random world event type situation. if you get caught in those hard events, just move out of the server, let the rng reset and get back in. dont stay and get killed.
     
    #378     Jun 23, 2020
    USDJPY likes this.
  9. destriero

    destriero

    My middle kid is available to offer you some pointers... all MG-level and above on CS:GO. 45 kills. He averages 33/game against MG and higher.

    #convexi

    2020-06-23_13-14-26.png
     
    #379     Jun 23, 2020
  10. My question is: Can all great gamers become great traders ?
    I think we need a course: "Trading for Gamers".
     
    #380     Jun 23, 2020
    destriero likes this.