Kind of cool to see so many guys respond with sincere words of commiseration here.
I don't mean this to sound demeaning, but you don't strike me as the type that read a whole lot of books before getting involved in the markets. Books clearly aren't necessary in order to become successful, but if you haven't read Market Wizards by Jack Schwager, it may be of interest. You would see that the best traders on the planet have blown up, some of them multiple times. It took many of them years to figure out what their problems were, or how to overcome them.
Second thing is this - what matters now is not your losses. The only thing that matters is how much you really want it. The fact is that a lot of guys don't want it that badly. The problem isn't that you can't learn to trade well. You already know what your mistakes were and what to do to avoid the big losses. Will you act on that knowledge? That's the question. It's the same with people who are fat or who smoke. Everyone knows what to do. Many simply can't find the mental toughness to do it.
I believe in what Ed Seykota said - the markets give you what you are looking for.
) are enablers and commiserators who offer little... Wah wah wah, you're young, you'll get over it. Wah wah wah, happened to me, I jumped off a building, had plastic surgery and returned as a hermaphrodite. Wah wah wah, Listen to Tony Little; You can do it!! Man, that there is some useful stuff!!! Bookmark this thread!!!