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  1. L

    Believezz's overleveraged Trading Journal

    As long as you don't take another 50% drawdown on your beautiful account I won't object to that. :) Not using stops at all in liquid instruments seems like a strategy that will bite you in the tail sooner or later, though. But who am I to teach you... It looked like a decent attempt to stage...
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    Believezz's overleveraged Trading Journal

    That's great. Well done! Sounds good. No stops on those positions...? The indices looks heavy from here, but I agree that any positive news at all could cause the mother of all rallies. Opposite with commodities. On the flip side this situation could get worse still...
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    Believezz's overleveraged Trading Journal

    Impressive numbers and nice account size! Did you build your account through trading? With 50 % PNL swings your risk of ruin is fairly high. I imagine you know that. Is that a risk you're accepting knowingly with this account or was that more of an outlier event?
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    Chuck Krug's Eurostoxx 50 trading journal

    The market will always offer more than you can take. You should always take as much as you can, but that assumes you actually can take it. Personally, getting too greedy have only caused me trouble and I've often taken some bad losses after a good run - probably as a complacency creeps in and I...
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    The main reason why doing business with these get-funded programs is a bad idea...

    Correct me if I'm wrong, but I imagine you're with one of the firms where you're trading on a simulator even after you're "funded"? As far as I know, only two firms (E2T and TST) lets you trade a live account - effectively taking care of the massive conflict of interest with the...
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    Believezz's overleveraged Trading Journal

    Can't complain making big $$$ by accident. :)
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    What to do when you are ready to lose your mind from trading?

    In my experience nothing other than a complete break/reset works in a situation like this when you've taken a loss out of the ordinary. Following a losing streak it's very easy to become irrational and try to make back the loss. Usually only compounding your mistakes and losing even more. Your...
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    Earn2Trade's Trader Career Path Is Available for $90!

    1. As far as I know, only Top Step and E2T lets you trade an actual account. Meaning your trades actually go to the market. This takes care of any potential conflict of interest that arises in those other firms where a trader can make a ton of money and for the firm to pay out that money it's...
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    For those who can't figure out why markets don't crash ...

    The market's already corrected quite a bit, though. Yesterday was end-of-month window dressing and today is the first trading month of March. Historically, quite bullish. Let's see where she goes...
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    Breaking: Russian nuclear deterrent on alert :BBC

    I can't under any circumstances see a happy ending or favourable ending for Putin from here. And that's very frightening. Russia as a nation could still recover from this if this madman was somehow overthrown or assasinated from the inside.
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    Avoid TopStep....from a former Topstep cheerleader

    And trade on a simulator? As I already showed in another thread - OneUp eliminated my profitable account on grounds of a rule break. The truth was that I was making $$$ and they had a good excuse to get rid of me and avoid paying out. These firms do not want to fund you. It's as easy as that...
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    ES Journal - 2021/2022

    Even though I'm a putz (had to Google that) the return on my piker account was 228 % this week. Obviously a week out of the ordinary with extraordinary opportunities, but I was mostly on the right side of the market being short early in the week and long on the last two days of the week. My...
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    ES Journal - 2021/2022

    Yeah. You're probably right about that whoever you are.
  14. L

    ES Journal - 2021/2022

    I don't disagree with that. Your comment did seem to have a condescending tone, though. Hence my inquiry. I also find it a bit odd why people have the need to lurk around with different nicks every 2nd month and pretending to be a new person, but each to his own. You seem to speak out against...
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    What are you presently reading?

    The last book I read was Musashi and it was simply an incredible read from start to end. Easily one of the best books I’ve read. Started on Shogun by Clavell afterwards, but got stuck after 300 pages and considering letting it go. Don’t read much trading literature these days, but always...
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    Who called the buy right when Russia struck?

    To be fair, the market did drop considerably as tensions were increasing last week and did drop more than 100 points following the start of the invasion. The rally started long after the invasion had started. That’s why profitable trading and calls are very different from each other.
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    ES Journal - 2021/2022

    Meaning?
  18. L

    ES Journal - 2021/2022

    What happened to your old multi-nick buddy NQurious/Gaslight Capital or NumberZ which was his latest nick?
  19. L

    ES Journal - 2021/2022

    Just when the market’s conditioned one set of behaviour it tends to switch to a new playbook. Thursday was a n < 5 type of day over the last 10 + years, but also one which typically have marked out at least a short term bottom.
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    Russian economy > this is the end

    I'm genuinely worried.
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