Cool I wasn't sure how you defined it, so I asked. Best not to assume shit.
At least now I know the problem, if there is one, isn't the trader.
Complacency in trading.
- Thread starter Laissez Faire
- Start date
At least now I know the problem, if there is one, isn't the trader.
Maybe you could define that?
Is that the reason you are down this year?
Hello deaddog,
Yes, I am sorry.
Let me explain:
My trading so far 2023
Algo: -$5000
Day Trading Manually: -$4000
Overall trading the past 5 years I been trading, about -$8000 or something like that.
Currently a losing trader of the ES market!
How are you keeping the two separated? Different accounts?
Oh yeah and you didn't define discretionary manual trader.
Tough to get to that "Millionaire as fast as possible as that is the only reason for trading" mindset, yes? I hope that experience has humbled your goals.
Hello Overnight,
Goal is the same my friend. I would not be doing this if the goal was anything less. I be wasting good precious time.
Perhaps change your approach to reach that goal, yes? -8000 over 5 years? Sounds like me. But my goal was not as ambitious as a million.
Hello deaddog,
Yes, different accounts. But I am about to stop the algo, it has exceeded max drawdown by like 3.
My definition of a discretionary manual trader is just a trader like myself that takes my best guess based on trading experience on entry and exit. Other words are gambling trader or hope trader, etc etc. That is all me.
Disclaimer: These are just my trading opinions. Please do not take what I say as truth because I can not prove anything I say makes a lot of money trading. Please trade per your own responsibility. I have been day trading manually for 4 years and my total profits is about -$11,500 so I am not a profitable day trader, yet. For 2023, I am down -$4000. I am working on recovery day to day.
Hello Overnight,
1 million dollars in my trading account cash money by End of December 2023 Overnight is my goal trading the ES market.