Search results

I'm done trading today, made 10 trades, 8 wins, 2 losses. P&L: +16 Current balance: $289 Edit: it dropped hard after I stopped trading, I couldn't help making another trade, I was lucky to catch the bottom. I broke my rule of not trading after 2PM. 11 trades, 9 wins, 2 losses. Corrected P&L...

He is using AMP and didn't setup a daily loss limit? This must be his first account, I believe he knows better now. * Edit: I was wrong, he was a veteran.

I don't think I can avoid this post. Here is how I blew up several $26K accounts and didn't get better at trading,: 1. I'm the worst trader in the world. This is obviously the most important reason. I have zero patience, I lack self-discipline. I'm still making very basic trading mistakes...

I'm calling it a day, morning session is very structured, it becomes foggy in the afternoon to me. Made 7 trades, 6 win 1 loss, $56 profit, recouped yesterday's loss. With such a tiny account, I was too scared of losing and missed many trades. I wish I could afford to have a runner. Current...

OK, made 14 trades, lost $53, now only 217 left. I really wanted to call it a day after the first 4 trades (all win), it would be perfect to stop trading with a $31 profit. Unfortunately I didn't, I turned into gambling mode after I had a losing trade, and traded until the bell rang. 1. Don't...

Wow, I really didn't expect too many replies. I'm glad my failure make you guys happy...just joking. I have an excel file that recorded my P&L since day one - 4.5 years ago. It really hurts to think about all that money I have lost, and all the time I have wasted. I burned accounts faster and...

I usually start with a $26K account, blow up, fund another one, don't know how many accounts I have blown up, maybe 5 or 6, but this is my last one. Only got $286 left. I scalp mes, how many days can I last? Believe it or not, I still believe I can make a turn. One post per trading day.

For margins and trading platform.

I'm reviewing option data exported from TWS, the following two options make me confused. SPY: $246.64 SPY Apr09'20 247 Call Delta: 0.505 SPY Apr09'20 247 PUT Delta -0.495 I always thought an OTM option's delta is less than 0.5, and an ITM option's delta is bigger than 0.5, but it's not the...

I know my thread may look bad, but I speak from my heart. I'm in big trouble financially, if my thread can benefit one person, it's worth it. I don't want to argue with you, actually your post proved my points perfectly: IB is not for new traders.

I made so many mistakes since I started trading futures 4 years ago, I wish I knew this earlier, so I want to tell new traders my lessons. IB is a very good broker in many ways, but not suitable for new traders, here is why: 1. IB requires high margins, as a new future trader, you will very...

TWS is not natural to add oco orders. With MultiCharts, I can define different strategies, switch between them with one mouse click.

I have used AMP's "live chat" many times recently, their support have been very helpful, also very patient. I'm glad I made the move.

I think I should post a follow-up. I switched to ampfutures, they offer multi-charts for free, a great trading software for scalpers. AMP also has very good margins for small traders.

No need to research, I wasn't complaining, it's not an urgent matter. Here is the the transcript sent to me via email. You can see I waited 39 minutes before your support joined the chat. =================== Chat started: 2020-03-19 03:37 PM UTC (03:37:34 PM) me: I'm transferring fund from...

Well, I must be VERY unlucky. Last week I tried several times and waited at least 10 minutes each time and finally give up. I did receive a few follow-up emails asking about my experience. Instead of those automate emails, I wish someone could spend one minute reading my question and give me a...

Just fill in "AMP Global Clearing"

Got the answer, waited 30 minutes in live chat.

AMP chat support waiting line takes forever, let me try this forum, I may get a faster reply. I'm transferring fund from IB to AMP, "Financial Institution Name" is not long enough to fill in AMP account name, its full name is "AMP Global Clearing, LLC Customer Segregated Funds", I can only fill...

Yes, very disappointing. I gave up after a couple of hours attempt. It seems important to have two accounts at different brokers.