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why are you trading 6 contracts with 17k account,trade 1 contract till you become profitable every week then trade 2 contracts.

Austonp: thanks you said i need professional counseling ,yes i do need it but from where there are so many snake oil sellers out there, i dont want to make back my losses it cant be done, i just want to trade like a good trader , if 6 months from now my trading account is $4505. thats ok...

NihabaAshi: no i have never asked for help before,or posted in other form,it was very hard for me to explain today how i manage to lost that much ,last nite i coudent sleep thinking if i should post it,took me 3 hours to write

Kiwi-Trader: thanks i will study your advice

brazilianwonder: i have tried that

sorry for the spelling mistakes in my last post

how my trading account gone down to $4500. from $3 million it is very hard to write this but i said before i will explain how i did it so here it is, it was nere the end of yere 1998 i had a electoroics businness for 20 years and was doing well,i recived a copy of monthley stock tip...

recap friday 16 feb only 1 trade today 10.47 am long es @1456.75 (entry signle was from my trading strategy ) target 1457.75 (days high so far 1458 ema34 above @1457.75 as resistence) trade went +3 ticks then it came back to my entry price,i dident want to let 2-3 tick profit to turn into...

Austonp: i dont know what to say. i did 1 trade this morning then after i read Lescor and your post i dident take next trade

Lescor: i cant lose $4500,ib wont let me trade if my account go below$2000. and my tradestation account is $1464.so they will not let me trade if i lose any more, so i can lose $1500 max,after all the losses and having no life out side of trading in last 6 years i want to at least try to turn...

Walterjennings: i will post at weekend how i did it as i am slow at typing

here is the recap of my trades on thursday 15 feb 1st trade :short ym at 9.40 @12766 target 12756 ,stop 12775,trade weng againt me and to 12773 so i put ordr to exit12770 and get out for -4 ,normley i would have gone to hope mode and let the stop hit so good save. next 2 signles i dident take...

loan finder: $3 million tuition fee:D when i retired in 2000 trading was a hobby for me i put every thing in shares for long term,but market kept falling and falling for years till i get out and go short.

1 : yes i have discipline problem 2 : strategys i am trading now or have traded in past are profatble if i follow all the rules and take all the traded 3 :every nite when i look back at my charts and my entry and exits i know what i did wrong 4 :when trade is not working and going towards...

thank you all for response to my call for help,i agree with every thing posted so far. i started this thread as a last desprate attemp to save my trading career another thing i decided to do is to put a candel on my trading desk and light it when i start trading,so if i try or do a stupid...

need help: i have been trading for few years but i have a bad habet of trading against the trend,always traying to pick tops and bottoms, i am trading ym emini,on monday i did 8 traded 2 wins for few ticks and 6 losers,each time i put my stop 1 or 2 ticks above mkt high and get stoped on 8th...

agree version77 went long at 10.45 am @1265.5 for +3.5

hi all i been reading this thread for a about a month,and watching the system,i work very well except in strong trend days. i would like to say thanks to no pm please for starting this threadand sharing the system,also thanks to others who have posted usefull posts. there was trade yesterday...

quote: This can be beat. a friend has a modest account and the rate is half ------------------------------------------------------------------------------- katesdp: which broker ?

downloaded the BEST Test simulated trading software and will be testing it duiring next few days, es emini rt fees they offerd me are .6 less then my current broker. thanks to all for replay and opinions