Sorry, I forgot. Nice trading...I think. Still not sure it is real money trading. And no, I am not doing well at all, and I know you do not really "hope I am doing well". I'm in a deep hole. For your sake I pray that I blow out my account so you can reign supreme here on the forum, as Bobby the Godly-like trader, because that seems to have become your purpose. You know, like in the original Diablo video game, where the best hackers had the "Godly-Plate of the Whale" armor.
You have read me wrong. I seriously hope you recover. I would never wish bad trading on anyone. You’re in futures right? Let’s talk it out and get you back on the right path. I don’t know a lot, but I’m willing to listen. Let’s bury the hatchet and start new, okay? You’ve got this!
I will agree to bury the hatchet, sure. But there is no "talking" my way out of my current positions. I always felt time was my edge, but time threw me for a loop and nuttered my ideas on this correction, because while I was expecting a 10% correction, and had positioned for it, I wasn't expecting it in a week of trading days. I have not been through this velocity drop before. Always something new with futures, whoop!
The closest I experienced to this was October through December 2018. I was not prepared for that move. I was doing a lot of butterflies structures and I had no idea how to adjust. Hang in there and don’t give up. Yes futures can be a beast.
Not to pile on, but I thought you learned your lessons about overleveraging in 2018...along with others (like myself)?
You're in a deep hole...you didn't expect a 10% drop in a week....unless you're the type who freaks out over a 10-15% correction in your 401k with non-leveraged mutual funds, you took too big of a risk with options or futures it sounds like....