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Finally caught a 53pts move on YM. Finally net positive for the day with respect to index futures P&L. It's been hard to get in at a safe spot. Normally I would be like OK this is a decent trade. Given the massacre yesterday, I'm just thinking when I can make it all back. haha. Such is life

That makes sense. But the thing is from what I observed is that you would want to put a stop limit below current prices near support. Buying at market you will sit through 50 pts movement intrabar! At least for yesterday and today. Ridiculous. I think if I put stop limit order ABOVE I will get...

Got out too soon! Oh well! ETH rallied hard.

I totally agreed. I've been there a few times. I didn't lose $4M because I didn't have $4M to start. I've blown smaller accounts a few times. Now, I'm better but still a long way to go. It's a great learning journey.

Talk about running out of luck and all the profit simply goes away. See link below: https://www.marketwatch.com/story/xiv-trader-ive-lost-4-million-3-years-of-work-and-other-peoples-money-2018-02-06 Ouch! Playing with fire...

https://www.marketwatch.com/story/xiv-trader-ive-lost-4-million-3-years-of-work-and-other-peoples-money-2018-02-06 Ouch!

You are right. I went long and short on multiple occasions. I couldn't stand the heat even though I was right. Before I even hit buy prices moves like 20 pts! I'm down a trivial amount(mostly commissions). Even when I was right with the direction, it moves so violently that I need to get out. I...

I'm not a HODLer! I sold out all of my ETHs. Made 20% overnight! No need to be greedy. Only regret is that I should have bought more down there..

Should have loaded up the boat. But I'm OK with the amount of ETH I bought. At the next panic, I will load up the boat. hehe It's odd that it's correlated to equities markets. Thought it was a safe haven. Regardless, trade what you see not what you think..

How do you play the index futures today? I KNEW I wanted to go long but using limit order it keeps moving away. I was afraid to use market order when each bar moves like 30-150 YM pts! haha. I guess you just have to bite the bullet and buy at market? Same with going short. I wanted to short at...

I shorted it back when it was high 90s and covered at 75. Glad I got out there alive because it went to $146. Aww... Had I got the balls to re-short at $146... shoulda coulda woulda.. LOL

I bought ETH at 593/594/610. I still have outstanding limit order at 550,500,480. Not sure if those will get hit...

I got out of BTC a while back. Around 15,890. I'm looking to get back in once the dust settles... Not yet... Percentage-wise, BTC was one of my best trade in 2017. But I didn't put a lot in. If I had put everything I had back in 2017 instead of daytrading futures and got out when I got out at...

Wait a minute. If thought you were going long but you hit the sell button, then you went short. You should have made money. Not lost 10K?

The great irony was that I lost a lot of money on TVIX, VIX futures, and VIX calls in 2017 anticipating the big crash. Then finally in January I was able to get rid of my short bias and went long. And I actually made money going long. Then BAM! The mother of all crashes came. Just when I...

Not to sugarcoat a horrible trading day, I like to give myself some constructive criticism. Yes, I did many, many, many trading errors that I thought I got rid of. But apparently, old habits died hard. Even in that rubbles of a mess, I did do manage a few good trades. I made 46.75 NQ points...

I was in 7.61 on TVIX. Couldn't believe it.

I'm so ANGRY at myself! I had a huge LONG position in TVIX! I exited too soon. It would have made my week! Oh well. I don't know why I have to tendency to switch sides. I was short yesterday night. And a little this morning. Then when it went down a lot I thought it will mean-revert and went...

There were several sources of errors. 1) Buying the dip thinking it will rebound when I should be shorting 2) A few mechanical mistakes. I was trading 2 accounts. I click buy to cover but it was for a different account that I didn't short. So I ended up long. When I realized that I got out and...

Feel like a loser... This morning I was up NICELY! Going both long and short. Then in the afternoon I thought it would bounce. Went long and didn't get out. Got destroyed. Then went kamikaze with a bunch of bad trades. Had I just followed my plans and signals. This is my Achilles heels. Always...