Joining the CME gang

[Laissez Faire]

Ouch. Is that a 30 % loss in one single day? Like I alluded to earlier I suspect you run a very high risk profile. Fantastic returns, but also great risk. Another day like that and you're down to 60K.

IMO, you should definitely scale down a bit in the next days to regain your balance and don't compound this loss further.

Anyway, thanks your honesty and good luck!

 

[trading_jean]

well it's not a complete journal unless i post this. dont' want to give impression this is smooth sailing..

ouch..that still stings. took a bit of effort to pull myself back from continue to trade. Let's just say i was "curious" and that didnt pay off......

View attachment 230889

I can believe that hurts, damn. Big gains, big risk so I guess it is part of the game but I would not be able to keep my head cool in those circumstances. Hope you are better at it, at least very strong to stop trading!

Maybe take half of your money out or even more and always run smaller accounts up?

Anyway, fingers crossed days like this will be exceptions.

 

[hilmy83]

it all boils down to pattern sequence recognition. How one setup transition to the next. Once you can get a sequence down, you're golden.

Been honing my ability from 30 years of gaming. Isolating boss fights patterns /game events..

 

[traider]

where are you patterns? Order book microstructure or chart patterns?

 

[syswizard]

Do we have any case in which traders lost money due to the bankruptcy of their brokers? You may want to read this. Trading with U.S. brokers looks very safe: https://www.elitetrader.com/et/threads/ampfutures.322820/#post-4687083

https://financefeeds.com/global-bro...y-legal-actions-brought-investors-ex-clients/

 

[DarthSidious]

https://financefeeds.com/global-bro...y-legal-actions-brought-investors-ex-clients/

It's a forex bucket shop. US persons can't even open an account with FXCM

 

[destriero]

it all boils down to pattern sequence recognition. How one setup transition to the next. Once you can get a sequence down, you're golden.

Been honing my ability from 30 years of gaming. Isolating boss fights patterns /game events..

lol you really typed that...

What was the FPS on that $40K loss?

 

[hilmy83]

lol you really typed that...

What was the FPS on that $40K loss?

that was more like mmorpg random world event type situation. if you get caught in those hard events, just move out of the server, let the rng reset and get back in. dont stay and get killed.

 

[destriero]

that was more like mmorpg random world event type situation. if you get caught in those hard events, just move out of the server, let the rng reset and get back in. dont stay and get killed.

My middle kid is available to offer you some pointers... all MG-level and above on CS:GO. 45 kills. He averages 33/game against MG and higher.

#convexi

 

[syswizard]

My middle kid is available to offer you some pointers... all MG-level and above on CS:GO. 45 kills. He averages 33/game against MG and higher.

My question is: Can all great gamers become great traders ?
I think we need a course: "Trading for Gamers".