*Simulated* Trader P/L 2007

Went crazy today. At one time I used 50 contracts. Just wanted to see how it feels trading with so much $$$$ at stake. Up 7K for the day. Not bad. Emotionally I am a wreck. 50 contracts is TOO MUCH .
 

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Quote from saxon22:

Went crazy today. At one time I used 50 contracts. Just wanted to see how it feels trading with so much $$$$ at stake. Up 7K for the day. Not bad. Emotionally I am a wreck. 50 contracts is TOO MUCH .

How can you be a wreck when it is all play money and you would not do this with real??
 
I "intentionally" blew up my demo account on the last day (was a fed announcement) just to see what that is like -- I put 50 contracts on without stops and let it go against me to the max. It really instilled the "raw power" that the market can have over your account if you don't use money management.



Quote from saxon22:

Felt real when I was 3k in red, very real.
 
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