I just spent almost two hours going through the latest round of GG threads.
I then went and had a read of the previous posts he's made on ET.
Verdict: he's an idiot.
Sorry Gordo, you probably really are a great guy (as you claim), but it's as clear as the sun that you are a right fool. I'm surprised that others haven't pointed out the irony in your tag -- it's a classic.
It's mind boggling that someone who is apparently struggling so mightily with his trading would have "why can't I trade..." lamentations as the topic of the majority of his posts, rather than actually discussing specifics of what ails his trading. (Even more amazing given the offers of help and advice you've been made.)
Generally, I'm of the view that a man with his heart set on a certain something shouldn't give up attempting to achieve it. But, then again, depending on the nature of the task, the behavior modification required just may be beyond bounds of some kinds of people. Trading is that kind of a task and, from everything I've read of him, GG seems, for the moment, that kind of a person.
Obviously the question isn't whether GG should stop trading and get a job (or another source of income); as he only as $2000, it is a given that he will have to. Without a source of income to form a nest egg, the question of whether he should or shouldn't one day come back to trading can surely wait to be answered at a later date. However long it takes, if true passion is there, he'll find his way back.
GG, I'm sure you think quite highly of yourself, and maybe rightly so, but others can only judge you on the basis of your actions, not your thoughts. Given that, I have little doubt that you have no long term plan for the rest of your life whatsoever; that even in the unlikely event you were to make a success of trading, any fulfillment it gave you would be ephemeral at best.
Making an attempt at trading for a living the sole focus of one's life without having a sound fallback plan -- something you clearly did not have -- in crucial skill-acquistion years of the early 20s cannot be described as anything other than a fool's errand.
Bite the bullet, admit you were chasing fool's gold and get to work get to work learning to make yourself of value to someone. Being a sociable, happy-go-lucky, party-dude has its place in life, but no one in their right will pay you for it. db's tag sums it up best: the only way home is through the forest. Time to swallow the bitter pill.
