Quote from GermanTrader:
Same question to you as to the other ET poster making his emotional trading known all over the boards... why are you emotional about money? You are a heart attack looking for a place to happen.
Im so emotional cos the £2,500 i have in my trading account is all the money i have in the world!!
And its what i need to use to make a living out of (min £1,000 per month), while paying of £7,000 creditcard debt!
So if i lose money/dont make money, then id end up starving and homeless...!! :eek:
SO the pressure is gna be on till i get £5,000+.
Ive learnt my lesson now though.....
Im not gna ever do any of this pouncy 'tight stops, take lots little losses' nonsense!!
Fuck that!! I did my way, the spanish way, for about 3/4weeks and turned £700 into a luxury apartment with 3months rent paid in-advance, £1,200 security depsoit (or as i call it my savings account), and £2,5000 still left in my trading account to keep trading with.
And that was just 1 really lucky good, and shit the rest.
It was every single day £100+ £200+ £400+, not even 1losing day.
Fucking gustav comes along and scares me bit, so i start trading with caution, foolish move, and i get fucked!!
I had 3 sell contracts from 116/7, £1 tick each.
I closed them out when gustav made price rocket, then bam, back down, just as i bought 3 longs instead.
If id done the spanish way, whacked a stoploss on at $130, id have been tearing the market to shreads all the way down from 117!!
And then all this week if id done my way itd be anothe great week!