Rebuilding The Dumpster Fire

Discussion in 'Journals' started by Max E., Jan 8, 2025.

  1. Max E.

    Max E.

    P.S. my PNL did not go from negative 7k to plus 5k IB is rebalancing that somehow the reality is i went from about 190k (Balance in the account) at the lows to about (200k Balance when im out) started the day at 202 here where i punched out which is roughly a 2k loss......

    MNQ was offside over 20 G's at one point closed 40 contracts for about a 10k hit.
     
    Last edited: Mar 5, 2025
    #221     Mar 5, 2025
  2. Max E.

    Max E.

    upload_2025-3-5_18-45-40.png

    [​IMG]
     
    Last edited: Mar 5, 2025
    #222     Mar 5, 2025
  3. Max E.

    Max E.


    LOL, thats one of my biggest isssues too, i always gravitate back towards small caps and penny stocks because those moves are more preidictable on a daily basis. There is literally nothing a company can do that makes it worth 300% more than what it was worth yesterday, so those gaps are generally easy money.

    But then moves like this happen and i dont get it right and i feel like i missed everything lol the life of a trader.
     
    Last edited: Mar 5, 2025
    #223     Mar 5, 2025
    vztrdr likes this.
  4. Max E.

    Max E.

    Love this quote Mickey, the stress we put ourselves through as traders isnts worth it, this summer im llooking foward to a vacation and just turn the fucking screens off..... MY girl and I are going to Bali, Vietnam, Thailand, and the PHillipines, for the summer, looking forward to just putting the screen away for a couple months...... I think we all need that as traders.


    Aint anyone who will wake up one day and wish they had figured out how to short more Enron when the news broke :) We should all pause for a minute and think of what we actually want out of this world.
     
    #224     Mar 5, 2025
    themickey likes this.
  5. themickey

    themickey

    Yeah holding a +$20 stock is likely not gonna double in a hurry like a 10c stock.
     
    #225     Mar 5, 2025
    Max E. likes this.
  6. Max E.

    Max E.

    Haha yeah you get me :)
     
    #226     Mar 5, 2025
  7. Max E.

    Max E.


    LOL, 20 dollars lets hit it...... 10 CC's just put it in my vein :)

    j/k :)
     
    #227     Mar 5, 2025
  8. Max E.

    Max E.

     
    #228     Mar 5, 2025
  9. Podcasts + Rucking have been a game changer...

    Love the guy...
     
    #229     Mar 6, 2025
    TrailerParkTed and Max E. like this.
  10. Max E.

    Max E.

    Definately man, trading is a long miserable process..... the only people who understand it are the ones who have done it. Instagram and tiktok paint an incredibly inaccurate/jaded picture of what it looks like trying to make it as a trader.
     
    #230     Mar 6, 2025