Day 19 +10.9% Pissed because I didn't make the best judgement this morning, losing potential opportunities and calling the reversal too early, causing me to lose close to 10%. Well, made it all back and some more but exited as I was busy with work, at work. If I stayed in and rode the drop, I could have made close to 25% or maybe even 30% today. Slowly getting used to using 3 positions and feeling more comfortable than before. Can't wait till tomorrow.
Couldn't sleep at night with your daily swings. Try to avoid the -50% day if you can because I think it is just a matter of time.
wabu27, Currently, is your total account profitable or at a loss since the start of this thread ? If so, what's the percentage or dollar amount ? Thanks
I think he has different goals in mind. The market gives everyone exactly what they want whether they know it yet or not. For some it's not about a financial payoff, the payoff here is completely in a different domain.
He started this thread with 38.1k and now only has 3.7k. ? Soon he won't be allowed to trade one contract of Crude Oil CL futures...many brokers have high margins for that. I remember I asked questions after he had a big losing day of -21.9%...it went unanswered. I only asked because psychologically, big losing days put a lot of pressure on a trader to abuse leverage and/or margins. On top of that, there's the monthly cost of those loans...that's even more pressure. Many will just take big risks with their analysis and/or trades when the end is near via an apocalyptic trade.
@wrbtrader probably loss of like 98% right now @Sprout hey im interested in what you of that different domain is lol @wrbtrader i dont like using stop-loss because i try to see the chart live, see the movements, feel the movements and make a decision from that. i personally think if you use stop loss protection it means you don't really know what you're doing. ive never backtested and don't know how to backtest.