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  1. masterm1ne

    2014 [P&L journal]

    You should be fearful when you go from making money nearly every day to not. So the major change has been paying attention to important price levels that are respected for long periods of time. This narrows down my trades just enough to about 2-3 this past week. It's actually scarey how...
  2. masterm1ne

    2014 [P&L journal]

    I have recently made revisions to my trading plan that I think will help me get me to my goal: I neglected to study smaller details about my trades to find the most likely outcome. I have previously omitted the probabilities for things such as: What happens after I'm in a trade Trends per day...
  3. masterm1ne

    2014 [P&L journal]

    M +410 T -840 W +340 Th +180 Fri +380 Trading 1-3 contracts.
  4. masterm1ne

    2014 [P&L journal]

    Trading live again started last Fri. -1500 Last Fri -2,210 Mon -2,110 Tue +4,710 Wed -800 Thur No trades Fri
  5. masterm1ne

    2014 [P&L journal]

    -480 for Sep (about 200 for commissions). Traded 7 days... Last major fucking problem is holding. I would be up 6k+ today if I could just fucking wait!!!
  6. masterm1ne

    2014 [P&L journal]

    Not sure about this one.... I wasn't home when I got stopped out. Price didn't trade through 1161.5 on my charts, it merely touched it.... Welp, it's only $12,000.
  7. masterm1ne

    2014 [P&L journal]

    -400 for the week. Traded Tue (0), Wed (+600), Thur (-1000), Fri (0 - no trades.... froze on the now 20+ point trade) Took like 5 short trades Thur, and didn't take the one long that would have been worth 10+. Psychological damage prevented me from taking my planned trade at the open Fri.
  8. masterm1ne

    Half way through life and not close to being consistent

    Exactly. Close mindedness is the number 1 thing I run into.... actually stops a lot of people from their full potential, not just trading. When I meet new people they often ask what do I do. I usually say I'm a stock trader. If they keep probing, I will explain everything down to the lines. I...
  9. masterm1ne

    Half way through life and not close to being consistent

    Not many are capable of learning. I've talked with countless about the subject. I have 1 student at the moment. It's challenging teaching this to a beginner. Your model makes no sense... First 50k is low, considering I can prove I made 10k in 1 month. Second, what if he doesn't make money...
  10. masterm1ne

    Half way through life and not close to being consistent

    Here's something new: find a mentor. I'll do 1 year of tutoring for $50k. BTW I made money every month this year as a PART TIME TRADER! I can show you my records, I keep them meticulously.
  11. masterm1ne

    2014 [P&L journal]

    The final value in my spreadsheet was off by a marginal fraction but it bothered me so... I decided to redo it with just monthly totals. I'm still not actively trading, and sized down to 1-3 contracts after I had that losing month.
  12. masterm1ne

    2014 [P&L journal]

    -700 Fri Took 2 trades; Exited one of my positions too early. I was running around and couldn't focus and was trading off my phone. I probably deserve it for handicapped trading.
  13. masterm1ne

    2014 [P&L journal]

    Finally got to trade yesterday and today. +200 W, +900 Th Today is a reminder how mechanical markets are. Major trend reversals and minor continuations occurred in very predictable locations. I've revised my plan to include stacking as many reasons as I can to take a trade, without...
  14. masterm1ne

    2014 [P&L journal]

    Traded 5 days in Jun: +$830 net for the month.
  15. masterm1ne

    Half way through life and not close to being consistent

    All the noise makes it hard to hear.... but here's the broken record: The goal of a professional gambler is to play probabilities. Since we don't know the outcome of a single bet, you have to risk only a small percent of your stake. As long as you bet too big, you will be a chronic loser...
  16. masterm1ne

    Half way through life and not close to being consistent

    If you go back a couple of posts, and see, what would have happened had you cut your position where you were? You would not be break even, if you had cut the loss. You remind me of when I unintentionally trade counter trend. My biggest drawdown this year occurred because of counter trend...
  17. masterm1ne

    Half way through life and not close to being consistent

    I think you will have problems with reaching max potential until you realize how to cut your losses. I explained it as simply as I could, but like I said, go read any good trading book. I guarantee you they will talk about that. It is by far the most important thing because it's one of the few...
  18. masterm1ne

    2014: The Battle for Survival

    Fade implies he was not....
  19. masterm1ne

    Half way through life and not close to being consistent

    I scanned the entire thread, hoping someone would have pointed out the biggest problem here; Your risk is insane. From what I gather, you get in these RTM trades, and the market trends against you. This violates the maxim "cut your losses" that any good trading book or trader will talk about...
  20. masterm1ne

    Half way through life and not close to being consistent

    Just out of curiosity, is he suing the biological dad for all the money he had to spend raising his false kids?
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