i've lost 400k the last 2 months i'm quitting

Quote from peilthetraveler:

I was a dealer in Las vegas for 3.5 years
More...

Great stories....thanks for sharing. Personally they make me sick to my stomach to read and they remind me why I dont gamble in casinos. It is a sickness...

To the thread op. My advice is tell your wife and family everything straight away and seek help. Its only money, you can make more...but family is not replaceable.


Good luck...
 
Quote from Tums:

if you think you are so smart, why don't you start a new thread and lay it out on the open?
More...

I've already done that, complete with a poll- but just once, in order to confirm my assumptions.

As for launching an effort to curb the mistakes of my competitors, when those mistakes are directly benefiting my trading results...
Sure! I'll get right on that...

:D
 
I think hedgeking is new to market and to ET, that's why he wants others pay attention to him. I don't believe his story as it is so simple and kiddish.

I hope next your thread would be more real.

A.T.
 
I can't believe I just read every page of this thread. It had its moments and there is actually a little good advice thrown in.

There is no sincerity in the original poster. It is obvious.
 
go fuck yourself. i set here drunk as hell on my 13th beer and you call me a liar. i thought maybe my exp could help people avoid my fate. i was wrong. instead i get smart ass comments calling me a liar. hey on the bright side you hot shot rich ass day traders making big bucks paying big taxes can support me on medicaid,food stamps and subsidized housing. now you boys pay some big taxes so i can live good. hell i'll have to start drinking pabst blue ribbon.
 
Quote from hedgeking:

go fuck yourself. i set here drunk as hell on my 13th beer and you call me a liar. i thought maybe my exp could help people avoid my fate. i was wrong. instead i get smart ass comments calling me a liar. hey on the bright side you hot shot rich ass day traders making big bucks paying big taxes can support me on medicaid,food stamps and subsidized housing. now you boys pay some big taxes so i can live good. hell i'll have to start drinking pabst blue ribbon.
More...
Hey man. Don´t let the BS @ ET get to you. Drinking isn´t going to fix your problem, it would only make things worse. If the story you told us is true or pure bull... well that´s your problem, I don´t see how you could gain anything from telling such a lie, so I asume you´re telling the thruth.
In that case. Best thing you can do now is talk to somebody, {I would recommend AA, NA, or something of that sort} get all that frustration out of your chest. Face life, don´t try to run away from it. Try to get your life back together. It´ll probably take some time, and it will probably be a hard road, you might even fail to get back to where you started. But at least you´ll go down fighthing.

Sure you lost a lot of money. But in the end is only money. There are many things in life that are worth so much more than money. If you want to do some reading... how about the book of Job, is right before the Psalms in the bible... I´m sure you can learn many things from that guy. He got back from a much worse scenario than yours.

"Sometimes doing your best is not enough, you have to do what´s requiered. "

W. Churchill.
 
Quote from WD40:

always have 4 kinds of stops:
1. Stop loss -- say, get out when your position is down 25%
2. profit stop -- nothing goes on forever... don't let a win turns into a loss
3. time stop -- if the market is not going your way, get out, stand aside and look again
4. trailing stop -- a good set up will let your profit run

don't give up
I don't think you would. You will simply mourn for a few days/months, recoup your capital and start again.

but don't just dive in there... get educated... go learn options. If you are going to play big, you can't afford not to have a knowledge in options to cover you.

good luck!
More...

A 25% stop?

You guys are out of your F'n mind.

Surely there must be others here who know how to trade.

So if I have 2 losers in a row I am down 50% of my Capital.

Now I need a 100% to return to get even.

I think I will start teaching classes to you newbs, this info is insane.
 
Quote from hedgeking:

go fuck yourself. i set here drunk as hell on my 13th beer and you call me a liar. i thought maybe my exp could help people avoid my fate. i was wrong. instead i get smart ass comments calling me a liar. hey on the bright side you hot shot rich ass day traders making big bucks paying big taxes can support me on medicaid,food stamps and subsidized housing. now you boys pay some big taxes so i can live good. hell i'll have to start drinking pabst blue ribbon.
More...

If you don't suffer you will only repeat your mistakes.

I blew out my account many times when I first started and almost got divorced.

Eventually I learned NOT to repeat my mistakes and be a disciplined trader.

You sir are far from there, so learn.

Get off your ass and quit feeling sorry for yourself because I won't.

Me feeling sorry for you won't help a damn thing.
 
Quote from hedgeking:

go fuck yourself. i set here drunk as hell on my 13th beer and you call me a liar. i thought maybe my exp could help people avoid my fate. i was wrong. instead i get smart ass comments calling me a liar. hey on the bright side you hot shot rich ass day traders making big bucks paying big taxes can support me on medicaid,food stamps and subsidized housing. now you boys pay some big taxes so i can live good. hell i'll have to start drinking pabst blue ribbon.
More...

Hey...nothing wrong with PBR, but I would stick with the Old Style, personally. Sorry for your loss.
 
You must log in or register to reply here.
Back
Top