it was'nt one month that wiped out all my gains,it was one bad month could really take away alot of your profit. i started this post with an expectation of critisism I am sure my story will resonate with at least one guy and it makes everything worthwhile. the guys that want to be haters, go ahead its your right but i guarantee, 99% of the haters will be looking for a new line of work within a year and then tell everyone they "just wanted to try something different". whatever works..
I'm not a 'hater' just saying that if you spent 6 months being a 'good trader' and then give it all back in one month then something is wrong with the way YOU trade. Ok, granted maybe it happened once because you were trading a stock and it got halted and you got smoked. That's one thing. But if you kept having this cycle play out of good gains and then explosion of your account then the fault really lies with you. Again, not hating, just pointing out the obvious.
Lost 600K? I mean, how do you loose that much unless you just flat out do not know how to trade. Thats why you have to get your emotions under control before trading big money in this game. I understand your trying to help others, and that's appreciated. But, after losing 100k, 200k, didnt you think to stop and go to demoe and try to figure out what you were doing wrong? A little common sense is what one needs in this thing we call trading and that alone will take you a long ways in my opinion.
losing 600k happens quickly. over the course of 7 years. i'm making more money now than i ever did as a trader. there were months i made 40 grand trading...its a suckers game and those that claim to "have a passion" are just setting themselves up for big losses. i was lucky,i was able to rebuild.