Successful Trading and Compounding - On Steroids

Discussion in 'Journals' started by gmst, Mar 24, 2012.

  1. Just wondering if you've gone bust yet or not?
     
    #101     May 12, 2012
  2. No need to stomp a down man. I am sure he is having a hard time. Hopefully he will get up and start kicking again. :)
     
    #102     May 13, 2012
  3. Hopefully he's done the smart thing and gotten a job or onto a career path.
     
    #103     May 13, 2012
  4. The OP's just taking a shot, right? Even if he doubles his money, it's only $2500.
     
    #104     May 13, 2012
  5. "Big things have small beginnings." - Prometheus
    Richard Dennis started with 400 bucks.
    Not to imply that OP is on same path ... just saying.
     
    #105     May 13, 2012
    johnnyrock likes this.
  6. Are you a smart/real/savvy retail trader, or another one of the dumbshits around here? :confused: (No provocation)
     
    #106     May 13, 2012
  7. gmst

    gmst

    :D

    I am 100% real!. I do think I am smart and savvy also :)
     
    #107     May 18, 2012
  8. gmst

    gmst

    Man, you nailed it. Thanks.

    I am going to make more money than Richard Dennis, I promise you this. :)
     
    #108     May 18, 2012
  9. gmst

    gmst

    I would be most likely taking a job so that I can build a bankroll. Have no intention of starting a career path btw, I was on a very good career path before I left it to pursue trading. No intention of going back, if I go back it will be just to build a bankroll. Thats it.
     
    #109     May 18, 2012
  10. gmst

    gmst

    Satchel, that is an extremely big compliment you have given me there :) I am truly speechless :) Good to see someone appreciating my efforts. Its very easy to be critical of others and I am myself prone to this tendency.

    2-3 months ago, I asked my mother to ask me if I am trading ES or not. She agreed to do it but got too busy with housework and didn't checked on me frequently. So, the plan didn't work out.

    This time, I have chosen my sibling and he has been constantly checking with me every half an hour - sometimes like every 15 minutes. He actually did an audio clip and put it on scheduled task on my computer which runs every half an hour during US market hours telling me to not stray away from plan. Its the best constant reminder that I have been able to get. In the heat of the moment, when I was seeing some very attractive price move, I would jump on the ES trade without checking if it was in the plan or not - this was my problem. Now with this clip constantly playing in the background, this is acting as a GREAT source of constant reminder that tells me to stop and not do things that I should not be doing.

    I highly recommend this approach to everyone suffering from discipline issues. VERY PRACTICAL AND VERY EFFECTIVE.
     
    #110     May 18, 2012