This is a joke right? You are spending a few hundred $ every few weeks to demo trade while not paying your rent ...?
Post Update: Decided to edit and delete my original comments because I do not want to stoop so low to bash someone. Not really my style to waste time and energy on posers
Not sure why you just decided to attack me without any provocation. Welcome to my Ignore List. Good luck with life.
SelfMadeDude, If you believe that you have an edge then don't quit. However don't trade if you have outside distractions. If you come back, keep on posting your trade progress. I am personally rooting for you and hope that you succeed.
It is clear you have an edge, and your decision to publicly air your progress keeps you accountable, which is admirable. However, my simple observations reveal a few things. First is your dire rent/income issue. I can assure you that unless your ducks are in order it distracts from your ultimate goal. Publicly revealing your progress may make you overtrade on a loss day to return to profitability, although it appears that you are transparent. Still, it may negatively influence your trades. And, lastly, taking a modest profit on a strong trend day is better than taking a beating. Know your profitable time frames and avoid the sessions that go against your system. FTR, strong trend days are my worst performers! Still wishing you the best of luck!
Many thanks for the kind words. I know for a fact that I have a strong strategy edge. It took me over 15 years to develop. I will never stop trading until I die.
Thanks, Big APPL. I, too, in a short amount of time have come to really appreciate your insight and this post is just evidence that I have good instincts. My financial situation sucks. But I've always been like that - even when I was making 6-figures a year, I would just burn money. I don't trade for the money. In fact, I want to do philanthropy and start a nonprofit for my city, NYC. It gave me so much hustle mentality, having grown up in the Crack 80s. Money is important --- but far from the most important thing....it's just a fucking puzzle that I am so so close to solving --- it's like those experiences before someone solves the Rubix Cube. There are some who understand what I'm saying. I've been 100% transparent. In both my trading and personal life - probably one of the more personal threads you will ever read from a trader. I come clean and honest, so when good people respond and communicate to my thread, I am grateful. Good Trading!