easy, I have given some thought to your suggestion that I am âbent on self destructionlâ, and frankly, Iâm not quite sure why you would say that. The past week was a rough one â FMOC meeting, and options expiration, and continued narrow ranges. Did I fall into the trap of âover tradingâ out of frustration? Yes â and I am the one who pointed that out. Keep in mind that I am trading a system/method that is still new to me. So mistakes are not at all unexpected. Did I take a 54+ point hit on the week? Yes. Maybe such a hit would be devastating to you, but it is well within tolerance for me. I know that you mean well, and I know that you are only trying to help, but I am having a hard enough time getting through this period of an unexpected draw down as it is. This is a confidence game â mine is a little more shaky right now than I care to admit. I respect you, and would otherwise value your council, and I donât want to keep you from having input here. Yes, I am concerned that I have gone 5 for 5 in the loss column this week. Yes, I am concerned with the mistakes. And no, I am not happy over losing 54 points. But if I am to succeed, I must believe in my self, and in my method. Right now I am under more pressure than I care to deal with. There are issues that I donât want to go into here that I must deal with. âOut of controlâ is strong language, and frankly, it hurts. You do not know me. You do not know my situation, nor my circumstances. Iâve lost more fucking money than youâll probably ever have â and Iâve got plenty left, thank you. Any issues concerning my being in or out of control are between me, myself, and my family. At this point in my life I do not need to spend half the night searching my soul over an off-hand comment made by a total stranger on some god-damn message board. I will continue to trade my system as I see fit. I will do so because I know that it will work as I expect it to. And I will continue to post the results for all to see. Perhaps within the next few days you will reassess your opinion of who does or does not need to be informed that he is in control, or in need of a new âhobbyâ.
Too much drama. It doesn't look like you're sick of losing because you're doing the same things over and over. Well, some guys never change until they're forced to, usually by losing it all. You say you got lots of money. Take a break then. A long break. Take a year. Enjoy your health, friends, family. Enjoy life. Then resolve yourself to do things differently. Put it in writing. Come back and start over. And trade 1 contract until you get a clue. If your posts are true, you obviously don't have a clue right now.
I tend to agree with icarus. The fact that you pointed out yourself that you had over-traded out of frustration is irrelevant. What is more relevant is that you couldn't stop. You say that you have faith in yourself and faith in your system, but you continue to try to out-guess or out-perform your system, and you are seemingly unable to follow your own rules of behavior. Therefore, your faith may not be as strong as you believe it to be.
Do you know anything, I repeat, anything about my health, friends, or family? I didnât think so. Have I indicated that I want to do things differently? Again, I didnât think so. Are you always so presumptuous when it comes to advising others on when to take long breaks, or how many contracts to trade? And may I further inquire as to where you get off telling me that I âdonât have a clueâ? Please forgive my demeanor, if I offend, but Iâve just had a kind of crappy week. And unless some joker has pinned a sign saying âKick Meâ on my back, I could do with a little less criticism â you know what I mean? Gee, listen to me! Here I am spoiling the fun of all the amateur psychiatrists and trading experts on the board. Go for it! Bash and trash, if it will make you feel good about yourselves. Have at it, at my expense, of course. All I ask is that if or when things turn around, you are just as quick to point out that you were wrong. Is that asking too much?
Just ignore my post. I admit it was a mistake to post it. I tried deleting it but the time has expired. Good luck.
Ah geez Tampa. We all wish you well here and feel your pain. Who here hasn't struggled with their trading, and their life? Never give up. Never give in. Fight them on the beaches. Fight them in the air. Fight them...Oops, wrong speech. You get the picture! Give 'em hell, Harry. Er, Tampa - You magnificent bastard!!!