Day #12
My attempt to earn a funded account with Earn2Trade
- Thread starter SelfMadeDude
- Start date
Auch, what happened?
Sometimes I wonder if I'm a dreamer and inevitable losing trader -- but then I think to myself, then what else would I fucking do with my life? LoL
Not too fazed. I know what I did wrong. Still lots to learn...
Not too fazed. I know what I did wrong. Still lots to learn...
Keep it going, as long as you learn from your mistakes you are going to get there.
So, what's the deal here? Do you need to reset again or are you willing to stop trading after a certain drawdown. It seems like you understand your trading personality so why not cut it short when it's clear the market is doing the opposite of what your system is telling you. There are days when then the ES does EXACTLY the opposite of what I deem a profitable strategy, but I throw in the towel and concentrate on cooking. For example, I had short signals all day until about 1:00PM and just gave up only to watch this fundamentally retarded beast continue to march north. Take the minimal loss and move on...tomorrow is another day.
Your transparency is to be commended and I applaud your resolve!
Your transparency is to be commended and I applaud your resolve!
This week, I turned 42. So for 15 years, I have dedicated at least 23 hours of 24 hours each day to thinking, looking at charts or live trading.
Only for the past 2 years, have I thought about risk management.
Still uncomfortable with losses and stop-losses but I lost my discipline,,,traded without stops and then had a big fuck-up day.
Stay tuned. 1 more month of living expenses until either eviction or homelessness.
Do or Die
Only for the past 2 years, have I thought about risk management.
Still uncomfortable with losses and stop-losses but I lost my discipline,,,traded without stops and then had a big fuck-up day.
Stay tuned. 1 more month of living expenses until either eviction or homelessness.
Do or Die
fridays are tricky for me too
u will pass it, do more of what works and less of what doesn't
happy birthday
u will pass it, do more of what works and less of what doesn't
happy birthday
You've had quite a few winning days. On how many of those were you in (deep) drawdown before turning things around and making a green day?
Winning days vs losing days should be thought of as winning trades vs losing trades. The losing days should be few and they should be small. This is absolutely under your control, but of course it can be hard in practice.
Not being willing to accept a loss will only amplify your losses and turn a normal losing day into a disaster. This is true both on a micro level (single trade) and a macro level (single day).
I speak from experience...
That's a really bad place to be - to be honest. This pressure only makes it harder to accept a losing day as you have to make money NOW.
I speak from experience here also...
Good luck either way.
Many thanks, DevBru!
I will most certainly make this happen.
I'm not really making a big deal about it. Been there, done that. Worse thing to do is add more negative to an already negative situation.
Decided to drink some vodka and pass out early last night in order not to sulk.