$2,000 to $200,000 in 2020 at 2.00% per day.

.sigma said:
This whole concept of "edge" is really a ploy I feel like. Over time reading countless threads and ideas about "edge". Its just a term for consistently making money. Its 100% a hindsight bias problem. Nobody knows edge until it materializes, once its gone, that edge is gone. It can come back, how? Make money consistently again. But I just feel like we get into conversations too much about edge, we lean on that word way too much.
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Because some "edge" are not "edge", for example trading Beta. For real edge, you need to find Alpha, those "edge" should work in both up and down market. Folks who trade Alpha are the real pros.

I traded Beta and for the past 10 years, until 2019, it worked great. Terrible drawdown in March. :( :vomit:

Regards,
 
Thanks @keroppi. I am still on hold. I have had many more real estate deals cancel in the last 4 weeks. I have not closed a deal in 6 weeks now. Time for another great recession? I hope not. There is some PTSD in my household. Unfortunately, I think it will get worse before it gets better. I am now working on my first "short sale" in 8 years. Buckle up everyone. Trade well. Trading may be the thing that helps you through this.
 
ANOTHER COVID CASUALTY

I decided to withdraw all the funds from my live AMP account.

I am a real estate broker, and I have had a very long string of cancellations. Because of the market uncertainty because of the virus fallout, the investor buyers are nervous and they back out. In 8 years I have never seen anything like this. I am working fast and furious on new marketing ideas.

So to feed my family, I need all my cash. Liquidation is a horrible word, no matter the cause.

This is a crazy environment with 40 million Americans out of work. I hope you are not one of them!

What does this mean for my journal? Well, it is busted, that's for sure. If I do another journal, it will be with a new account.

But the concept of my journal is still 100% valid. Over 60 trading days (3 months) I averaged 2.1% daily increase with tight loss controls. The math says had I continued, I would be smiling big right now.

I hope to try again in a month or two, but I don't know where I will be financially. I feel like I have joined the 40 million.

I wish all of you excellent health and outstanding trading success.

THANKS for your great comments, insights, and friendship.

sstheo
 
sstheo said:
ANOTHER COVID CASUALTY

I decided to withdraw all the funds from my live AMP account.

I am a real estate broker, and I have had a very long string of cancellations. Because of the market uncertainty because of the virus fallout, the investor buyers are nervous and they back out. In 8 years I have never seen anything like this. I am working fast and furious on new marketing ideas.

So to feed my family, I need all my cash. Liquidation is a horrible word, no matter the cause.

This is a crazy environment with 40 million Americans out of work. I hope you are not one of them!

What does this mean for my journal? Well, it is busted, that's for sure. If I do another journal, it will be with a new account.

But the concept of my journal is still 100% valid. Over 60 trading days (3 months) I averaged 2.1% daily increase with tight loss controls. The math says had I continued, I would be smiling big right now.

I hope to try again in a month or two, but I don't know where I will be financially. I feel like I have joined the 40 million.

I wish all of you excellent health and outstanding trading success.

THANKS for your great comments, insights, and friendship.

sstheo
More...
You and your journals have been an inspiration. Best of luck and I really hope things pick up for you soon.
 
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