Recent content by Trader8668

Thats exactly right. I definitely expected it to be a notch in the curve and realized too late that I was overtrading and overstretched. My risk per trade did not come down anywhere near quick enough. Thanks for the feedback

I don't get why this is so hard for you to understand. I increased my size as I went, the leverage inherent in futures is already substantial. I continuously reinvested my profits. I didn't obviously stay trading $1mm as if it were $100k. When I said I increased my size at just the wrong time it...

Thanks yes I was in a lot of trends definitely and I agree that maybe the advice of having a low win percentage and hitting home runs is a bunch of bull. I was consistent in my losing the money as I was in making it. I never changed my strategy I was just too leveraged and I never had any...

I meant I've never had a losing account from what I deposited into the account. I've been trading for five years and have never net lost money from when I opened up an account to when I moved it to another broker etc. IE. never blew up an account from day one learning to trade. Also 14 months...

Thanks, also a hard lesson I've learned now. My parents gave me the same advice at the time I was actually making money and I didn't listen. Next time no one will have to tell me.

Thanks I think that's great advice to take some time off and refresh the batteries and work on my strategies.

I was risking about 2% or less on the way up and down

I find myself wondering why I have spent the past 5 years trading futures and stocks. There are a thousand other careers that are both more fulfilling and more of a steady return on time spent. About a year ago I turned $150k into $1.3 million trading futures on a variety of markets over an 18...