Yes, another of those threads. And by a suspicious first-time poster who for all you know might be the sock-puppet of a well known poster on these very boards. Studied trading and traded demo and small accounts for four years. Funded my account in January and went full time, with enough savings to live on for two years. As of tonight, I'm down around 50%. Do I give up now or slog it out until I'm looking at an even bigger drawdown? The thing is, I feel I have a fairly good grasp of the market. I just do stupid things. *revenge trading *following the market - i.e. I see a sudden move and spontaneously put on a trade, right at the bottom of course. *not letting my winners run. *get married to a direction and keep fighting the market. I don't do these things all the time. Just enough to have blowout days which lately have been getting more numerous. It's all in my head right now. But realistically, how long do I keep on doing this for? OK, let fly with the witticisms.