Took out a loan to transition to full-time trading. Now 27 years old.

12/16/19
I didn't post any updates last week. Monday didn't have any significant moves; tuesday and wednesday were losing days which brought my account below the minimum I need to traded 1 contract of NG. I noticed on my results sheet that I supposedly lost $3552 within 1 month of starting my results tracking sheet. Bro, I don't even make $3552/month and I really need the money to pay off other stuff.
I don't think my stubbornness gave in to stop trading, but I have decided to stop until I get some stability in my life because I struggled the last 3.5 years of my life just to stay afloat. And if i hadn't traded during that time, chipping away more money, my life would be much more on-track than now.
However, because I am stubborn and not trading makes me sad the entire day, I am going to pick up my tips today and deposit my final $500 into my account. That will bring my account to $2500, about the $2370 IB keeps telling me I have to maintain.
Likely to trade tomorrow, but will be trading safe. (I think I heard this before?)
Follow me just a little more because seeing history, not much is left!
:banghead: :banghead: :banghead: You are a professional trader and I am an amateur retail, trading full time for 10 years?
 
That will bring my account to $2500, about the $2370 IB keeps telling me I have to maintain.
Likely to trade tomorrow, but will be trading safe. (I think I heard this before?)
Follow me just a little more because seeing history, not much is left!

Rather buy an expensive bottle of wine or pay down your loan instead of just throwing it away.
 
12/18/19

Still alive! -$9 for the day and commissions were -$9.48 so basically even. NG didn't move much during market hours today. Excited for tomorrow for the gas report. I have like $150 room to work with before I can't trade again because I don't have enough capital, so tomorrow's trade will be an important one. Stay tuned! hahaha
 
12/18/19

Still alive! -$9 for the day and commissions were -$9.48 so basically even. NG didn't move much during market hours today. Excited for tomorrow for the gas report. I have like $150 room to work with before I can't trade again because I don't have enough capital, so tomorrow's trade will be an important one. Stay tuned! hahaha

Do not try to day-trade NG in the winter season. Swing it long. It is low, in my view.
 
12/18/19

Still alive! -$9 for the day and commissions were -$9.48 so basically even. NG didn't move much during market hours today. Excited for tomorrow for the gas report. I have like $150 room to work with before I can't trade again because I don't have enough capital, so tomorrow's trade will be an important one. Stay tuned! hahaha
Glad to see you haven't lost your sense of humor. I guess trading is just that: to be alive to trade another day. Good luck tomorrow.

PS. CL and NG are tough to trade, although not impossible. My useless advice: find a price pattern and stick to it.
 
12/20/19

Yesterday I was up $31 and today I'm down $29. This week, overall im -$7 and total commissions were $47.4 (wt*).

I want to give a shout out to myself for staying alive this week. Did a nice job today making good entries - up close to $200, was thinking of exiting but thought NG was going to go down another ~20ish points. Was looking to make a slight (or so I thought) bump before heading back down again so i was trying to exit and get back in, but i missed it and trying to cut it cheap i kept on sending orders in right at bid lvl hoping to get filled LOL but didnt! Price kept going up - OKAY saw that coming. BuT! When it was time to reverse, strength came in to take it to another level higher and it kept itching up. Ended up losing all profits and some more for a negative ending.

Noticed I was trying to make just 3-4 points more at the end because i wanted to end green. It was common to lose 20+points at these last moments. I liked how I traded today. Going to go eat some sushi at night with pals from San Diego.

Let's hope I'm still alive on Monday.. haha have a nice weekend everyone.
 
12/20/19...was thinking of exiting but thought NG was going to go down another ~20ish points. Was looking to make a slight (or so I thought) bump before heading back down again so i was trying to exit and get back in, but i missed it and trying to cut it cheap i kept on sending orders in right at bid lvl hoping to get filled LOL but didnt! Price kept going up - OKAY saw that coming. BuT! When it was time to reverse, strength came in to take it to another level higher and it kept itching up. Ended up losing all profits and some more for a negative ending.

Noticed I was trying to make just 3-4 points more at the end because i wanted to end green. It was common to lose 20+points at these last moments. I liked how I traded today. Going to go eat some sushi at night with pals from San Diego...

NG going down 20 points would put it at -$22.00 or thereabouts. 20,000 ticks at $10 per tick would be a hell of a move, and would only happen if someone invents the Mr. Fusion™ Home Energy Reactor.

I think you meant ticks. :-)
 
Ticks.. :)

Didnt trade today as there wasn't much movement. Christmas this week and end of year so im not sure how NG will move. Will post updates this week if there is something notable (hopefully not my account getting blown!) hahaha
 
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