Need somewhere to think out loud,

Discussion in 'Journals' started by Turveyd, Jul 29, 2014.

  1. If you stop here for the month : 700$ is more than the 2% one would make with a capital of 30 000$.
    It seems that many traders are too demanding on themselves.
    You could take out the 600$, and use the 100$ for risk money, and feel absolutely fine with your return.
     
    Last edited: Dec 28, 2015
    #2031     Dec 28, 2015
  2. Turveyd

    Turveyd

    6 weeks i think, busy and tired lacking focus, barely traded, I can make 12 trades in a day after all, 2 trades per week average.

    I need some account growth, cause sooner or later there will be crying and screaming and losses, part of the always more shite to come policy :)

    Need to start treating it, not as a business cause thats BS, but a job, for every hour i spend trading i will pay myself from the account £30 Gbp, which is my contract rate.

    Setup a spreadsheet, clock on, clock off, no trades in that hour no pay, put 20hours in, pay myself £600 end of the month, hope profits are greater than.

    Same payment terms as business, might gain some focus which is whats lacking.


    Dax 6pt move with spread, no comms, to cover my wage, easy.
     
    #2032     Dec 28, 2015
  3. Is it the crying and screaming that create your losses?
    Or your losses that bring in the crying and screaming.
     
    #2033     Dec 28, 2015
  4. Turveyd

    Turveyd

    Losses create the crying and screaming.*


    * you get sarcasm right :)
     
    #2034     Dec 28, 2015
  5. Nowdays, with traders one never knows! hence my asking.
    Why do you cry and scream when you have losses?
     
    #2035     Dec 28, 2015
  6. Turveyd

    Turveyd

    I will refer you to the..

    you get sarcasm right?

    Guess the answer to that is NO lol



    There is no crying or screaming really, tis only money, well since i stopped paying someone to kick me in the nuts on losing days lol

    Also Sarcasm lol
     
    #2036     Dec 28, 2015
  7. As health reasons are keeping me stuck in front of the screen, I might as well
    raise "funny" questions.
    Have you ever lost really serious money blowing a serious account)? If that had been the case, did you lose your voice when screaming?
     
    #2037     Dec 28, 2015
  8. Turveyd

    Turveyd

    14years back, trading options over night gap up reduced account from 6k to 1k and very soon after 0k lol no crying or screaming.

    More is not lost or made, merely moved around, i merely have to move it back.

    Abit miffed in 2014 when i finally ran the account to 10k then next trade dropped 3k in about 30mins lol

    Take money too seriously and youll go nuts.


    Whats wrong with you?
     
    #2038     Dec 28, 2015
  9. some "air pollution".

    Interesting : 4 figures losses and no crying nor screaming
    but 3 figures one : crying and screaming ?:D:D:D:D:D:D:D:D:D:D
     
    #2039     Dec 28, 2015
  10. Turveyd

    Turveyd

    3k ie $3000 or 6k ie $6000 100% of account, are both 4 digit numbers so ermm :)

    air pollution, okay.
     
    #2040     Dec 28, 2015