Yeah post your trades, with as most of your thought process as you care to share. Focus on explaining your exit process because that is the hardest part of trading.
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My high school summer job: trading the NQ
- Thread starter zdawg164
- Start date
ha thanks, i'm sincere but I'm still just a 100 share piker.
Baggerlord, like VictorS said, thanks for the helpful advice.
Sorry I haven't been updating my journal lately guys, it's just that I decided to take my mind of the markets for a couple of days before I jumped back in to do anything. So starting tomorrow and maybe the next week, I'll document my sim trades as best as I can using the excel spreadsheets that cashmoney suggested. If I get good results, I will jump back in with real money and hopefully I will be able to make it all back at the very least.
Compared to my net worth now and a month ago ($2k, $1.5k) I'm a broke fuck!
Sorry I haven't been updating my journal lately guys, it's just that I decided to take my mind of the markets for a couple of days before I jumped back in to do anything. So starting tomorrow and maybe the next week, I'll document my sim trades as best as I can using the excel spreadsheets that cashmoney suggested. If I get good results, I will jump back in with real money and hopefully I will be able to make it all back at the very least.
Compared to my net worth now and a month ago ($2k, $1.5k) I'm a broke fuck!
Hey no problem, I'm still just learning myself, but have already gotten some of the dumber mistakes out of the way. Maybe you can still avoid them!
I had a trading account when I was 16.
Hey, Dude, here's some serious advice. I started trading stocks at 19, with family money, and I survived and made a little after a few years in May of 2003. Not a very good time, believe me.
Your problem is not that you have no desire, you have no strategy. I've spent the better part of the last five years figuring it out. If you want to go down that road, you can look at my profile to see what the end result is.
To learn takes 2 years, and you'll most likely lose money. During that two years, you must write down systemattically what you were thinking and come up with a system.
I have a bias towards Wealth-Lab, and Fidelity will treat you a lot better. Learn on ETF's first. I'm pretty sure you'll be out your whole wad soon enough, otherwise.
Your problem is not that you have no desire, you have no strategy. I've spent the better part of the last five years figuring it out. If you want to go down that road, you can look at my profile to see what the end result is.
To learn takes 2 years, and you'll most likely lose money. During that two years, you must write down systemattically what you were thinking and come up with a system.
I have a bias towards Wealth-Lab, and Fidelity will treat you a lot better. Learn on ETF's first. I'm pretty sure you'll be out your whole wad soon enough, otherwise.
Quote from den999:
Hey little guy why don't you stop jerking off. Or better yet go jerk off stay away from ET. There are a few little problems with your story:
1.Your too young to open a trading account! 18 is youngest for some brokers, many 21! Last time I checked they don't allow futures trading in custodial accounts. The idea of a Parent pissing away his kid's college money on futures just doesn't fly well with brokers.
2.If you started trading stocks with only $2000, you can't afford to trade the NQ.
3. Everyone knows you have to learn to fuck before you can learn to trade, and you said yourself you are still trying to learn to fuck, or get fucked, or whatever.
hey, how about you shut the fuck up.
1. i'm 18 also, and have an individual account. not my parents money, all my own.
2. i started with $3000 and am doing well, thank you.
3. wow. you whipped that out of your ass.
if you have nothing nice to say, dont say nothing.