ES Journal - 2019/2020

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I bounce between "I can do this" and "I have just been lucky all this time".
good thing u would be playing with other people money. u need to get out of that stage, next stage will be of an experienced consistent trader when u r wrong u took a calculated risk and managed it and no regrets, if u r right then it will be as per your trade plan.
 
good thing u would be playing with other people money. u need to get out of that stage, next stage will be of an experienced consistent trader when u r wrong u took a calculated risk and managed it and no regrets, if u r right then it will be as per your trade plan.
Using other peoples money is the best, if Im right I make money, if Im wrong I dont lose money. Whats not to like? I have traded my own account in the past and ran a $45000 up to $97000 and down to $7000 in 4 months, that was painful, and fun..
 
....and ran a $45000 up to $97000 and down to $7000 in 4 months, that was painful, and fun..
Dude.....I don't see the "fun" in losing that much money.....that was a 93%+ decline in equity.
How did it occur ? Poor win rate ? Huge losing trades (i.e. lack of stops) ?
 
Using other peoples money is the best, if Im right I make money, if Im wrong I dont lose money. Whats not to like? I have traded my own account in the past and ran a $45000 up to $97000 and down to $7000 in 4 months, that was painful, and fun..
was it a big draw down, were u holding swings or just daily losses in the past ofcourse.
 
Dude.....I don't see the "fun" in losing that much money.....that was a 93%+ decline in equity.
How did it occur ? Poor win rate ? Huge losing trades (i.e. lack of stops) ?
Sarcasm doesnt translate well into text, it actually sucked. It was the start of my day trading career, got caught up in the bull market and held like 5 contracts through the whole drop at the end of january 2018.
 
Sarcasm doesnt translate well into text, it actually sucked. It was the start of my day trading career, got caught up in the bull market and held like 5 contracts through the whole drop at the end of january 2018.
That explains everything. Wow, 5 contracts ? You were really levered to-the-max.....and in the wrong direction.
Why did you continue to hold those losing positions thru a great bear move / retracement ?
It appears you went "myopic"...long-only thinking.
 
Beautiful view outside my "office" today. Shame I'm such a bad photographer.

Screenshot_2019-07-26-19-11-38-587_com.miui.gallery.png
 
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