From $10,000 to $100,000 in 6 months.

[bigsnack]

And martin, major mistakes you made..
1. averaging down
2. not honoring stop loss
3. poor posistion sizing (all ins? wtf)
4. going long after a fed announcement that was neutral/bearish, market tanked and you didnt take your small loss, you added. look up an economic calendar guy.. the market dosent only go up.
5. having no idea whats going on with the stock you were trading, ex; div date
6. trying to play catch up after days of market going down you decide to get short, but the move was already done and you got hit to the upside
7.your charts are bullshit, and all hindsight

In other words, he's primed to be the next ET guru!

 

[drownpruf]

I took that platinum card and bought an H1 Hummer on my first big year (solo). I'd paid off the Prime+2 LOC by that time (and put most of it in the Hummer) but it never sat right with me. Hitting the LOC with the purchase gave me other perks, but obv I could've received a lower auto rate. I paid it off in 10 months, but sold it as soon as it was paid for. That was '95 and I had my best YTD in 30y USTs. Plus, you cannot park the f*cking thing on the street in the city.

The $75K would've been nearly $200K compounded. $125K/166% opportunity cost. I bot a rapidly depreciating asset, worse, I was compounding "on the job" at a huge rate. Lost $18K on the H1. Now the opp-loss is $143K.

It's a pathology even assuming you're the greatest trade alive. There is nothing resembling common sense (BMW, Audi, clubbing). Like the mkts are an eternal money tree.

This thread should be in the psychology forum. The trading isn't his biggest problem.

 

[eurusdzn]

I am not arguing or disagreeing with you. I used the term Audit to encompass your methods. Blotters are fine for P&L threads, Trade journals should be a bit more informative.

I am just so tired of reading self-promoting hindsight threads.

No proof is required when someone says Long@XXXX / Stop@YYYY / Target=ZZZZ

As opposed to the inevitable, I "did" this and this, I "didn't" do this because I saw something at the last minute on the tape, I have a 93% win rate, never have a losing day, etc...

I have much more respect for those who display their shortcomings and how they overcame them. I find it more interesting to see a trade play out than just +$497.00

And yes, his reference to his site was edited out, it was in (parenthesis). There were so many posts deleted/moderated today one would think this was BMT. But that isn't an issue, I prefer a clean forum.
[Had you read them all, you would be a bit skeptical as well]

If the guy is serious, then I wish him luck. If he can do it in a credible and concise way, so much the better.

Anything but another narcissistic hindsight thread.

Sfctoday.com/news/1025-sfc-senior-already-a-financial-trader.html

This WILL get him laid and some adoration from peers .He has that to fall back on.
Any serious man however sees this kid as a joke.
Narcissistic is an under statement.
How can anyone here see this persona and performance not want to correct this kid.
I suggest he spend a week with Drownproof!