You know come to think about it, if all he losses is $2000 on a credit card advance in the next week or so, he got off cheap. Maybe this guy is onto something. He's obviously not trading with money he can't afford to lose, since it isn't even his!
By the way this is an excellent chart. You should understand most everyone has gone through this kind of trading experience. At least you summed it up perfectly.
The only thing that prevents me from doing this kind of bad trading is to have a simple clear edge that I try to execute the same...
Yeah forgot about 10 Years After. When I was a kid my friends dad was a hippie, had all these great albums, but yeah 10 Years After was one of those weird ones when I was 12, like, who the fuck are these guys?? A bit too mean to be hippies....
Hmmm I guess I forgot about John Mclaughlin (sic) and Mahavishnu Orchestra! Also with Tony Williams Emergency. Some crazy prog-jazz stuff of the 60s-70s! I always thought Via and Satriani kind of came from that school, but a bit more slicked up.
Jimmie Hendrix Live at the Fillmore East with the Band of Gypsies, the guitar solo in Machine Gun. I think that is his most incredible solo period. It sounds like he is simply tripping his brains out. To me it kind of is his definitive solo.
You should risk nothing unless you have a strategy you think is going to work for you. It might take you months or years to find something especially if no one is training you.
I would trade as few shares as you can to test a strategy you have learned that you really think you can make work...
I do this JM Hurst cycle method with offset moving averages. It's very simple and I am forward testing it as a sort of hobby. Mostly because no one else uses this and I thought it amusing since I no longer think this is what trading is all about, but 4 or 5 years ago I thought this stuff was...
To the newb I would suggest two things. One is with the PDT rule and a full time job you might think about looking at weekly charts. You actually can get into some really nice trades.
My second is something that really helped me a lot. Learn about position sizing. This is where you risk the...
Man this sucks. I really looked forward to your posts and following your journey. Have you thought about learning a specific tactic from someone, one that maybe you just do at the open or in the morning? Then get a job in the afternoons and evenings and let this process take the year or two...