Welcome to my Shit Show

weight: 174
fitness: B
weed/alcohol: Using heavily - shit week across the board, work, trading and money wise. I'm buying a second short term rental and from colorado secretary of state company registration to me saying good bye to 600 grand took the best of me. Savings are down to 200k after this - so with my current spending/college tuition projection I'll run out of money in Feb 2024. I did much better looking at this money making 4.75% in short term government debt. Way too much drama in my head though - so I'll start withdrawing from my trading account to keep the cash flow alive.

Weekly P&L -2251 - traded sooo bad - traded manually which I rarely do and blew 3 grand in 45 minutes trading futures yesterday morning - a true master at work :). Looking forward to next week - I feel I'm getting very motivated to maximize it.
 
Matt:

Just trying to help here. I'm only going off what I can gather from your posts, but your identity seems to be holding you back. I mean, we can talk about plans, discipline, etc. but until you see yourself differently (see yourself how you would ideally like to be, not how you currently are), you won't make progress. It's not always easy to make big mindset shifts but you have to start somewhere. I guess you have to decide if you're sick and tired of your current situation. Best wishes to you.


Matt_K74 said:
weight: 174
fitness: B
weed/alcohol: Using heavily - shit week across the board, work, trading and money wise. I'm buying a second short term rental and from colorado secretary of state company registration to me saying good bye to 600 grand took the best of me. Savings are down to 200k after this - so with my current spending/college tuition projection I'll run out of money in Feb 2024. I did much better looking at this money making 4.75% in short term government debt. Way too much drama in my head though - so I'll start withdrawing from my trading account to keep the cash flow alive.

Weekly P&L -2251 - traded sooo bad - traded manually which I rarely do and blew 3 grand in 45 minutes trading futures yesterday morning - a true master at work :). Looking forward to next week - I feel I'm getting very motivated to maximize it.
More...
 
formikatrading said:
Matt:

Just trying to help here. I'm only going off what I can gather from your posts, but your identity seems to be holding you back. I mean, we can talk about plans, discipline, etc. but until you see yourself differently (see yourself how you would ideally like to be, not how you currently are), you won't make progress. It's not always easy to make big mindset shifts but you have to start somewhere. I guess you have to decide if you're sick and tired of your current situation. Best wishes to you.
More...
I'm willing to try - do you have some specific examples (what to change or how to think differently about my identity)?
 
You are a gambler, not a trader.

Place the probabilities in your favor. Trade from a written trading plan that includes both rules and permissions (mostly rules). Don’t violate your rules. Any trade that you execute outside of your written plan is a stupid trade. If you don’t have a written plan, any trade that you take is stupid.

I know nothing, but this is what helps me from being a degenerate. Best wishes!
 
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weight: 178
fitness: B
weed/alcohol: Stopped yesterday - hope it'll last for a while

Daily P&L -1739 - Pairs trades made 4957 today, all losses came from option trades (not a surprise since direction and volatility went the wrong way)
 
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