Surf, you know I like you, but:
Quote from marketsurfer:
a log of my trading development---good, bad and ugly. what other purpose would you suspect??
Well, the problem is, there is no development, quite the opposite. I know in the last few years the journal had been profitable, not so much this year, although I don't really see any big change in the market enviroment. So what gives?
The most dangerous is that you don't seem to be LEARNING or LISTENING to advice. The best example is the FOMC tomorrow. Last time you went into the FOMC with a position already in the red and then you got rammed so bad, that you took a sabbatical after that from trading.
Then here comes this FOMC and guess what? You are going into it with a position with an even BIGGER loss already. Something just never changes....
Sure, you can get lucky this time, and the market might sell off tomorrow, but that is not trading, and certainly not money management. If you really wanted to short so badly, why did you wait until the market already dropped 5-600 points? Common sense would indicate a bounce back anyway...
So yes, I could understand this Journal if there was some kind of IMPROVEMENT, but this year it is just bad, bad trading and humiliation.
You know I am trying to help you, but you won't listen. My prediction and advice were perfect and had you followed them, you would be up 3-400 points instead of down -150...
But then again, it is not my money....
