I am hoping that your situation is not as dire as you make it to be. It maybe that this just isn't the profession for you, no matter how much you want it to be. I have wondered about a few of the statements myself as I was thinking a few times that numbers weren't adding up right but attributed it to probably missing one somewhere along the way.
In my opinion the amount of a stop needs to change with the market you find yourself in currently - a good rule of thumb in my opinion for S&P 500 is 10% of current daily average ATR. So for example if the daily average true range is currently 80 then a stop of 8 points. In more volatile times like we had earlier in the year where it was about 130 then a stop of 13 points. In "normal times" where it is 30-40 points then 12 to 16 ticks (3 points to 4 points)
The pressure has been a killer but I've also tweaked a few things. But absolutely, everything that other people have said is correct. I'll start publishing my stats via tradervue soon to provide stats. I will definitely have to take Q Trader on his offer of assistance. I'm sending my resume out by the dozens so hopefully someone gives me a chance. Thank you for all your kind words and advice. I will DM you later and maybe we can chat.
Thank you for the tough love and brutal honesty -- I'm lucky that I don't have a handgun. Only reason I'm probably alive right now. I also noticed the discrepancies in PNL....the most recent version includes PNL including commission but the previous ones do not I believe. Thank you again...
Unfortunately, my current situation is as bad as I've posted. Actually worse when you consider my parents but that's another story. I've scrapped together some extra cash from my Tradovate and IB accounts and now have a little more than $450. I spent $280 for another Earn2Trade evaluation -- it was on sale from $350 so I had to do it or risk doing something regretful to myself....it was a "moment" this morning when I hit the "max daily loss." I've sent my resume like crazy this week so hopefully something will turn up. In the meantime, I have another 15 days to get "funded."
I have a friend that I know for 40 years almost. He is my best friend. A few years ago he had huge problems (divorce and on top of that problems with tax inspectors). He told me he wanted to commit suicide. I told him not to do that because it is not worth it. I told him that when his problems will be fixed he would be happy that he did not kill himself. About 18 monts later he thanked me and confirmed that it would have been a very stupid decision to suicide himself. He is since then happy with his life. Suicide is NEVER a solution. And never think: if this or that does not happen, I will kill myself. Because that's what you basically said in your last post: "it was on sale from $350 so I had to do it or risk doing something regretful to myself...." The word "regretful" indicates that you understand that you might do a stupidity. But one that you can never turn back, so don't do something you never can turn back.
Sorry to see you lost E2T account. My evaluation had about the same balance as yours was and i was secretly competing with the self-proclaimed best trader in the world. I did not think you would decide to go big or go home or i would suggest you did that in the last half hour of the session. Go big long into the close might have yield a different outcome jmho.