Is my career over?

[JMowery1987]

Quote from jho:

*sigh* That's a good day, 23% gain.

Except the whole point of this is for you to understand position sizing. Can you at least acknowledge the fact that you're trading too large and you could be wiped out any week?

He will never understand this, he ignored my above thread, he knows we are right, he is scared to admit it to himself, he needs to make himself feel comfortable, he can't have negative thoughts in his head that he can't do this.

So he is just going to have to lose all his money the hard way, either that, or lie about it and say he is making gains when he is really loosing.

Either way, this won't last long.

His gambling problem can't be solved, it's going to be a lifelong pain for him.

 

[TruthSeeker247]

Quote from ksonsinc:

Truth
If u keep playing with 42 contract a death spike will blow what is left in your account
I would suggest u try to be consistent then trading big lot bro
They are too dangerous
U had 30-40k it is a god gift
U could have done a lot with it
any way i hope u know it isnot easy top make money in no matter what
Any way good luck and keep us updated

Thanks a lot for the positive comment. There's no such thing as easy money. I'm struggling each and every day to be green. I'm trading on the brink and know that disaster can come in a single day.

 

[TruthSeeker247]

Quote from ksonsinc:

Truth
If u keep playing with 42 contract a death spike will blow what is left in your account
I would suggest u try to be consistent then trading big lot bro
They are too dangerous
U had 30-40k it is a god gift
U could have done a lot with it
any way i hope u know it isnot easy top make money in no matter what
Any way good luck and keep us updated

I'm not trading 42 contracts a pop. That's for the whole day

 

[TruthSeeker247]

Quote from TruthSeeker247:

I'm not trading 42 contracts a pop. That's for the whole day

i'm scared to trade today...lol

 

[TruthSeeker247]

Quote from jho:

*sigh* That's a good day, 23% gain.

Except the whole point of this is for you to understand position sizing. Can you at least acknowledge the fact that you're trading too large and you could be wiped out any week?

I know that it is possible for me to be wiped out in a day. I am averaging into every position I enter into 2 lots at a time.

 

[poboy]

Quote from TruthSeeker247:

Thanks a lot for the positive comment. There's no such thing as easy money. I'm struggling each and every day to be green. I'm trading on the brink and know that disaster can come in a single day.

If you managed your risk correctly disaster would not come in a single day.

 

[TruthSeeker247]

Quote from poboy:

If you managed your risk correctly disaster would not come in a single day.

You are right about that. BTW, I didn't trade yesterday or Thursday.

 

[Steve Tvardek]

Too bad, those were great trading days. Just need to be on the right side. The follow through was there though.

Quote from TruthSeeker247:

You are right about that. BTW, I didn't trade yesterday or Thursday.

 

[TruthSeeker247]

Quote from Steve Tvardek:

Too bad, those were great trading days. Just need to be on the right side. The follow through was there though.

I came off a great up day and so I decided to wait a few days before I got in again. Thanks

 

[TruthSeeker247]

Quote from TruthSeeker247:

I came off a great up day and so I decided to wait a few days before I got in again. Thanks

up $640 today on 18 contracts. Thank god