Recent content by gutsytrader

Just a end of year followup to this thread. I gave up trading when I realized I couldn't increase my position size as I made more money. I just made myself sick worrying over each trade as the size increased. I got trained as a truck driver and now have a job making about 60k/year. With my...

+107.30 $1,571.64 more to go until I trade with 3 contracts

+31.46 1,724.16 until I increase to 3 contracts.

People I've talked to via PM have been helpful, warm-hearted, and very inspirational. Maybe the posters you've encountered just want to be heard and have nothing constructive to say. Find someone with something you like and pm them. IMHO PM is where the real value is at ET.

+18.96 No setups this morning. Tried to make something happen this pm. Realized it wasn't going to happen. Tomorrow is another day. $1,755.62 to go until I trade with 3 contracts. Since others are only posting summaries, I'll do the same.

You go in with family members. Everyone contributes. When it's paid off, you move on to the next family member. 40% of the homes in our area are owned outright. No 30 year wage slave mortgages.

+225.42 Done for the day 1,774.58 more until I move to 3 contracts

+93.96 Done for the day End of one lot trades. Going to start trading 2 lots on every trade.

Thank you. I downloaded the trial. I'll give it a try.

Thank you it looks interesting and similar. I ordered his book on Amazon. I guess his Delta would be my estimated max drawdown. I know some here say use a fixed amount of dollars per contract such as $2,500 per-contract. I'm just trying to find out if this is what others with small accounts are...

ok, I've finally gotten my act together. I'm consistently profitable and found a way to take me and my emotions out of my trading. Now I'm ready to start making some serious money. To do this I have to scale up. I have a small account so I don't think using a % risk per-trade is appropriate...

I've been net profitable since my first trade. Of course that's no guarantee of success. If you have a great strategy that makes money consistently, you're ahead of others.

1/19 A dead day for trading. Only saw one trade. It didn't look clear to me so I only used one contract. After entry it didn't give me the kick I expected so I exited at b/e. Never saw another setup. Decided to try and use 1 lots to try and make something this afternoon. Made a few bucks...

It's not like I have a real supportive wife overall. There aren't too many weeks where I don't hear some nasty remark about our financial situation. She's just more or less resigned that I'm not getting hired in my old profession and we've got to make the best of it. I think there's lots of guys...