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. ironchef

    ironchef

    :banghead: :banghead: :banghead: You are a professional trader and I am an amateur retail, trading full time for 10 years?
     
    #61     Dec 17, 2019
    jys78 likes this.
  2. Rather buy an expensive bottle of wine or pay down your loan instead of just throwing it away.
     
    #62     Dec 17, 2019
  3. When I read the title of thread, figured the guy would have offed himself by now, congrats on swimming instead of sinking...
     
    #63     Dec 18, 2019
  4. wabu27

    wabu27

    12/18/19

    Still alive! -$9 for the day and commissions were -$9.48 so basically even. NG didn't move much during market hours today. Excited for tomorrow for the gas report. I have like $150 room to work with before I can't trade again because I don't have enough capital, so tomorrow's trade will be an important one. Stay tuned! hahaha
     
    #64     Dec 18, 2019
  5. Overnight

    Overnight

    Do not try to day-trade NG in the winter season. Swing it long. It is low, in my view.
     
    #65     Dec 18, 2019
  6. schizo

    schizo

    Glad to see you haven't lost your sense of humor. I guess trading is just that: to be alive to trade another day. Good luck tomorrow.

    PS. CL and NG are tough to trade, although not impossible. My useless advice: find a price pattern and stick to it.
     
    #66     Dec 18, 2019
  7. SunTrader

    SunTrader

    Pouring good money after bad money down a endless hole is not my idea of staying alive but whatever.
     
    #67     Dec 19, 2019
  8. wabu27

    wabu27

    12/20/19

    Yesterday I was up $31 and today I'm down $29. This week, overall im -$7 and total commissions were $47.4 (wt*).

    I want to give a shout out to myself for staying alive this week. Did a nice job today making good entries - up close to $200, was thinking of exiting but thought NG was going to go down another ~20ish points. Was looking to make a slight (or so I thought) bump before heading back down again so i was trying to exit and get back in, but i missed it and trying to cut it cheap i kept on sending orders in right at bid lvl hoping to get filled LOL but didnt! Price kept going up - OKAY saw that coming. BuT! When it was time to reverse, strength came in to take it to another level higher and it kept itching up. Ended up losing all profits and some more for a negative ending.

    Noticed I was trying to make just 3-4 points more at the end because i wanted to end green. It was common to lose 20+points at these last moments. I liked how I traded today. Going to go eat some sushi at night with pals from San Diego.

    Let's hope I'm still alive on Monday.. haha have a nice weekend everyone.
     
    #68     Dec 20, 2019
  9. Overnight

    Overnight

    NG going down 20 points would put it at -$22.00 or thereabouts. 20,000 ticks at $10 per tick would be a hell of a move, and would only happen if someone invents the Mr. Fusion™ Home Energy Reactor.

    I think you meant ticks. :)
     
    #69     Dec 20, 2019
  10. wabu27

    wabu27

    Ticks.. :)

    Didnt trade today as there wasn't much movement. Christmas this week and end of year so im not sure how NG will move. Will post updates this week if there is something notable (hopefully not my account getting blown!) hahaha
     
    #70     Dec 23, 2019