Took out a loan to transition to full-time trading. Now 27 years old.

Discussion in 'Professional Trading' started by wabu27, Nov 12, 2019.

  1. wabu27

    wabu27

    Well. Lost it all. Curious the amount? Check my tracking sheet.
    I said this was the last run for trading, but i just cannot quit. Will treat trading as second priority now, but will still trade time to time whenever.....idont know im so sad. Seriously thinking of joining the army this year as officer because finance was boring for me and i just cannot think of anything else i will be interested in doing for the rest of my life, except trading.

    And trading isn't keeping me under a roof. My part-time jobs are :(
     
    #91     Jan 20, 2020
  2. schizo

    schizo

    I'm so sorry that the saga had to end this way. Perhaps it was an expensive education coupled with emotionally draining experiences. But know that life still goes on and tomorrow will always be there, no matter what. So don't give up hope.
     
    #92     Jan 20, 2020
  3. If it was that spike in NG that wiped you out, same thing happened to another guy about a year ago in the other direction. He was a little more famous, but it was just as much as a surprise. Tails come out of nowhere sometimes!
     
    #93     Jan 22, 2020
    wabu27 likes this.
  4. wabu27

    wabu27

    1/22/2020
    +277
    commission: $33.18
    Made another deposit of $600 to my IB account late Monday night and glad it didn't hit my account yesterday because I was pretty bullish on NG. LOL. Predictions today were oh so on point wish I had video of it. Played it safe which still netted me $277 for today. Barely alive. Still breathing. Why is trading so enjoyable...:)
     
    #94     Jan 22, 2020
  5. wrbtrader

    wrbtrader

    If you go into the military...you will not be able to trade except on vacation and the few days you'll have off during the year.

    Not being able to trade will be a good thing for you because you're fixated on NG futures although that's only one of your problems. That's the one of those positive things about the military...it'll give you more time to get your life together and could give you more stability with your finance considering most women won't stay will a guy too long if he's just working part-time jobs unless that part-time job has great pay and health benefits like a full time job along with letting you work more hours than part-time work.

    As for you part-time jobs or full time jobs...their purpose is to keep a roof over your head and to pay your bills.

    That's not the responsibility of your trading until you've been successful for many years. Simply, you may have an illusion that trading should be supporting you when you have not even reach that point. Thus, your illusion about what trading should be doing for you right now is not realistic.

    By the way, you ever thought about joining the Reserves or National Guard instead of enlisting for active duty ?

    wrbtrader
     
    #95     Jan 22, 2020
    ITM_Latino likes this.
  6. wabu27

    wabu27

    1/23 +$40
    1/24 -$9

    Ive been just waiting for NG to be bullish again to make back my losses, waiting for any signs for a strong trend. It's just been very indecisive this week, but keeping its bottom, giving potential to start of a bull movement for NG?
     
    #96     Jan 24, 2020
  7. wabu27

    wabu27

    I was thinking of joining active duty, than try to get stationed somewhere international so i can trade at night time. hahahahahahahahaha. South Korea, perhaps? Stock market opens 11:30pm in korean time so its a good late night watch.
     
    #97     Jan 24, 2020
    wrbtrader likes this.
  8. schizo

    schizo

    Didn't you say you lost it all? Man, you have an addiction problem. You need to sign up for Traders Anonymous.
     
    #98     Jan 24, 2020
    p0box4 and DevBru like this.
  9. wabu27

    wabu27

    R.I.P. Kobe Bryant. Growing up as a Lakers fan, the only time I ever followed NBA was during the Kobe era. A piece of childhood is now forever in memory.


    1/27: +$150

    Could have possibly doubled my profits had I been more careful in my entries. Tried to get some extra ticks in before getting a clear signal on my yahoo finance charts. Impatience and emotional trading resulted in red moments earlier in the day, but was able to make it back and some more by following NG down because it didn't have enough strength to "pop" today. NG may be getting to do some serious bull movements now.
     
    #99     Jan 27, 2020
  10. wabu27

    wabu27

    1/28: -$9
    Slow day for NG today. Satisfied with my trading today, able to follow yahoo charts well and not exiting because I got scared. NG lowered its margin requirement! Now i'm only a small amount away from being able to trade 2 contracts. I think I can pretty confidently get 10 ticks a day. My goal for February is to get 10 ticks a day. With 2 contracts, thats $200!!!!!!!! LOL hahahahahaha so much easier saying than doing.
     
    #100     Jan 29, 2020