Billicare trade journey: from 5K to 250K

[Billicare]

Today i was play micros only, very conservative,
2 times shorted MNQ on pullbacks before the crazy move.
After that leaved my screens.
Today P/L $220.

 

[Billicare]

Today I was constantly on the wrong side, loss $2038

 

[Billicare]

Lost my account, will continue to post after pass the evaluation again.

 

[Evgeniy]

Please tell me why you work with companies, and not on your own? MNQ allows you to carefully work with risks with low capital.

 

[Billicare]

Please tell me why you work with companies, and not on your own? MNQ allows you to carefully work with risks with low capital.

These conditions will be agreed with my family. I have lost too much of my own money in the market

 

[Evgeniy]

These conditions will be agreed with my family. I have lost too much of my own money in the market

The paradox is that now, from a trading point of view, you have lost only 1095.38 (50061.66-48966.28). Or just 2.2% (1095.38/50061.66) of the account balance. And in fact, they lost 2,500 due to the exhaustion of risk due to obtaining capital. Leverage by leverage = leverage squared.

If you were trading on your account 2500 with the same leverage, then you would still be in the game. With a capital of $2500, you would probably be able to easily make a targeted $50. And with the remaining 1404.62, too.

 

[Billicare]

The paradox is that now, from a trading point of view, you have lost only 1095.38 (50061.66-48966.28). Or just 2.2% (1095.38/50061.66) of the account balance. And in fact, they lost 2,500 due to the exhaustion of risk due to obtaining capital. Leverage by leverage = leverage squared.

If you were trading on your account 2500 with the same leverage, then you would still be in the game. With a capital of $2500, you would probably be able to easily make a targeted $50. And with the remaining 1404.62, too.

Absolutely agree with you, but i lost to many accounts for 2.5-3K.
I can understand the requirements of my wife who does not understand anything in trading and does not know how I have progressed as a trader, since I began to lose money in the market.

 

[gkishot]

Absolutely agree with you, but i lost to many accounts for 2.5-3K.
I can understand the requirements of my wife who does not understand anything in trading and does not know how I have progressed as a trader, since I began to lose money in the market.

Do you have any income outside of trading?

 

[Billicare]

Yes, sure, otherwise I could not afford to trade.

 

[Evgeniy]

Absolutely agree with you, but i lost to many accounts for 2.5-3K.
I can understand the requirements of my wife who does not understand anything in trading and does not know how I have progressed as a trader, since I began to lose money in the market.

I say to myself like this: “I only _move_ as a trader when I earn more and more stable. When I lose, I am a gambler, not a trader.”

I do not like to give advice, but sometimes everything is so obvious from the outside. Your problem is not in capital, but in another. I think you need to put in your (exactly yours!) account $ 300 and trade MNQ for forty days so that in 40 days there would be no less.