Tough day Neke... very sorry and know how it feels. I shorted BHI, CRM and NFLX today and got killed on all 3. Also got hurt going long TBT and RIG. It screws with your mind and screws up your weekend. You have been down this road... and know how to get back on the right track.
Cheers
I too am with IB and was curious if you use bundled or unbundled commissions with them. Also, have you formed an LLC within which you trade your Echo and IB accounts? If so... can you recommend an accounting firm? I assume you have filed M-to-Market with the IRS?
Finally, I was with Assent...
The only way out of the mess the US is in is through inflation. Commercial real estate is "holding up" because interest rates are so low. If rates rise... the property market will crash and bring down many other asset classes with it. Therefore... the US has no choice but to print US dollars...
ET illustrates beautifully why so many traders struggle to hold on to "their" gains. What you make trading is yours... and what you lose was yours. Every dollar is real. If you are consistantly green 17-19 days per month you have made it. If not; keep working at it.
Days like these make one appreciate just why you named this thread... "Grinding it out...." Trend, Patience, discipline. Hope you are having a good trading week. Cheers.