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With all that said, I'm still looking at a vocation centered around trading. Either developing software or actual trading is what I plan on doing.

So here I am, 23 years old, and I just lost 25k of a friends money. This is by the way, alot more money than I had ever dealt with in my life. I was scared, and I didn't want to accept failure. But above all, I was concerned with what other people would think of me as a failure. I...

ok, it's 1:35 am in Hawaii, and I gotta work in the morning, I'll be back tomorrow evening to finish part 2. Pls feel free to comment in this journal, or pm me about anything and everything you like. thanks Ditch for your support.

I could write a book, do a script for a movie (based on a true story). these are both pretty outrageous though. I can see the newspapers now saying "Jason K. Lundy lost millions in the stock market then made millions by writing a book(or movie script) about it" hmmm. has any big...

I may be jumping ahead of myself here, but I'll go ahead anyway. Although you haven't heard part 2 of the story yet, you probably know where I ended up. SH*T CREEK. HEAD HIGH. So, I have to make money. I'm working a 9-5 job. Earns cash. However, at this rate it will take me more than...

Ditch, it's goes way deeper than balls. This is from the heart. I sincerely apologize to all humanity, living souls, and to God for what I have done. I have been walking backwards my whole life, and wondering why I don't get anywhere. This journal is my first step forward. It's a baby...

since I didn't really give an introduction for the journal, I will here mixed with some random thoughts. and no this isn't part 2, it will be coming though, cause thats when shit flys. on the surface, this journal is about me getting back on my feet. A deeper look and it's about change...

I never thought I'd start a journal like this before, but here I am. Without going into too much detail about my personal issues, life, or friends' lives, here is my story. I started trading in March 2000. The markets were at highs, and euphoria was all around. A friend of mine traded...

I want to thank you all for your comments on this thread. To those who critisized me, you are correct. I definitely deserve it. To those with kind words, I lower my head in shame but thankful for your compassion. My story is coming, perhaps tomorrow. It's late, 12 midnight, just got...

Misuse of leverage, bad money management, it was a number of things. I may start over, I may not. But that isn't really that important to me. What is important is that I got my friends involved, and when I couldn't tell them I blew out, I lied, deceived them. Theres a lot of lessons to...

wow, if I wasn't me, I would think we were the same person Sarasota. the content of the above post mirrors my thoughts and words on this forum.

being proficient at reading notes or tablature is very beneficial for chart or tape reading.

trading is neutral, what you do with the money determines whether YOU are ethical or unethical.

outages are expected, but customer service should at least be ablee to exit a position. I'm not talking about traders whining about missed opportunity, I'm talking about traders being stuck in positions, even though they had stop orders in.

tick charts also give you a better view of what the eminis do overnight. my problem with tick charts is that I don't see the importance of a tick. A tick is a trade. So with tick charts, one tick is as good as the next no matter how much volume they each have. Volume tick charts seem...

wow elvis, u got a knack for cutting thru bullshit. yes, the point is customer service. IB hasn't got any. When customers complain, they simply look the other way and point at the customer agreement.

darkhorse, you will never be enlightened. :D

when a connection with IB goes down on the client side, you can contact them and they can get you out. what happened to me is that IB's connection to Globex went down. That means you are screwed. Any stops that are held on IB's servers don't get executed. IB cannot get you out in this...

Saratoga, 50 NQ contracts, I could get out in a second using a market order with minimal slippage. I never use market orders though, except stops. I use limit orders, I buy at the bid, and sell at the ask. If you watch IB's depth screen, you can see how easy it is to get in and out...

this is very true. I've had times when I get the IB guys calling me every single day saying, "uh you know that order you did the other day, that never got filled so uh, essentially you are long the market because your buy to exit was actually an entry" then, I go, like what the fuck man...