My Story Trading as teenager, lost $50000 daytrading futures

[themickey]

This is my story
I lost $50000 trading futures and the majority of those loses were incurred day trading Crude Oil and Natural Gas futures. I want strategies and suggestions to recoup the loss. I don't have a job. I lost my father's money. I want suggestion. I have been trading since about more than a year.

I think you are full of shite.
Your profile says 21 yo.
Subject header says, "My Story Trading as teenager...."

 

[southall]

I think you are full of shite.
Your profile says 21 yo.
Subject header says, "My Story Trading as teenager...."

But his handle says 98, so that would suggest he is 19.

 

[RichTrader98]

I think you are full of shite.
Your profile says 21 yo.
Subject header says, "My Story Trading as teenager...."

Because I want my identity to stay private.

 

[themickey]

But his handle says 98, so that would suggest he is 19.

Birthday: Oct 6, 1995 (Age: 21)

 

[themickey]

Do you know amibroker coding, AFL?

 

[recession2016]

But I want to trade.

Sadly that is not enough, you have lost too much of your capital.
My advice would be:
You need to get a job, earn some money, develop your edge/strategy/plan while you are it, read everything about trading you can, then give trading another go in a few years time.
Or are you or you family so rich you don't need to work?

Either way, expect to blow up a few times before you figure it out, hopefully next time it wont be 70% of capital. Perhaps you might stop when down only 20%.

$20,000 is more than enough to turn into $50,000 with futures

he needs a solid strategy with proper risk management but that can take a long time to figure out

 

[RichTrader98]

I am trying to learn it.

 

[RichTrader98]

W

$20,000 is more than enough to turn into $50,000 with futures

he needs a solid strategy with proper risk management but that can take a long time to figure out

What king of trading computer should I have for it. Like the monitors and the CPU and RAM.

 

[themickey]

I am trying to learn it.

Calling pure BS to this tall tale.
21yo teenager losing $1000 a week of borrowed money intraday trading using amibroker with no coding skills.
Pull my other leg!

 

[RichTrader98]

Calling pure BS to this tall tale.
21yo teenager losing $1000 a week of borrowed money intraday trading using amibroker with no coding skills.
Pull my other leg!

BTW I am in my teens. And I lost $10000 in a day. $4500 another and $3000 another and lost $1000-1500 other countless times.