**Almost in Tears** Need Mentor for Futures Market.
- Thread starter Bullz n Bearz
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BnB,
I clearly understand what you are going through. I myself have only been in this game for about 2 years and I learn something every single day (Always make sure you learn something every day no matter what your outcome was that day).
1. Try position trading, It might be better for you. Not everyone can be a daytrader. I know lots of guys that do really well position trading but don't do worth a damn trading intra day. The opposite is also true.
2. STOPS STOPS STOPS!!!!!!!! They are the only way to go. Otherwise you let emotions get to involved by averaging down and such.
3. Remember the key is to stay in the game as long as possible. Because the longer you stay the more you will learn and the more chance of opportunity coming your way. So stay in the game don't let losses eat you up.
4. I would also get moore research seasonals. Look for only the 15 year 100% trades and after evaluating that paticular market fundamentaly and technically if it looks like a go then place the trade. Hopefully this will get some profits under your belt and you will become smarter by learning and anaylizing the markets.
Hope this helps
I clearly understand what you are going through. I myself have only been in this game for about 2 years and I learn something every single day (Always make sure you learn something every day no matter what your outcome was that day).
1. Try position trading, It might be better for you. Not everyone can be a daytrader. I know lots of guys that do really well position trading but don't do worth a damn trading intra day. The opposite is also true.
2. STOPS STOPS STOPS!!!!!!!! They are the only way to go. Otherwise you let emotions get to involved by averaging down and such.
3. Remember the key is to stay in the game as long as possible. Because the longer you stay the more you will learn and the more chance of opportunity coming your way. So stay in the game don't let losses eat you up.
4. I would also get moore research seasonals. Look for only the 15 year 100% trades and after evaluating that paticular market fundamentaly and technically if it looks like a go then place the trade. Hopefully this will get some profits under your belt and you will become smarter by learning and anaylizing the markets.
Hope this helps
Wow how many did blow their account at least once here?
By reading ET it seems the unavoidable
path to become a profitable trader.
9 years in this madness and my largest account drawdown is 8%.
I must be doing something right eh ?
Maybe it's that weird thing called capital preservation
$1500, 3 contracts... man oh man... how old are you BB?
No really it may explain a lot, not trying to be a SA
By reading ET it seems the unavoidable
path to become a profitable trader.
9 years in this madness and my largest account drawdown is 8%.
I must be doing something right eh ?
Maybe it's that weird thing called capital preservation
$1500, 3 contracts... man oh man... how old are you BB?
No really it may explain a lot, not trying to be a SA
good mark1...how many in the emini "realm" do you think have blown their account on the way to being profitable?...
That's the mark of a Market Wizard. How are your returns? What was your strategy in '00 - '02?
Are you f-cking serious?!?! You asked for advice and basically EVERYONE told you NOT to trade and then you go and blow over a G. And for what? You dont know what you are doing; you must really like throwing money away huh? I dont get you man, you wanted advice and you got some. But its pretty obvious you will do whatever you want regardless.
No one will ever mentor you, you are a gambler and have zero discipline. That stuff comes from within, you obviously do not have it. There are many other ways in this world to make a buck, my NEW ADVICE is to look elswhere.
No one will ever mentor you, you are a gambler and have zero discipline. That stuff comes from within, you obviously do not have it. There are many other ways in this world to make a buck, my NEW ADVICE is to look elswhere.
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