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Trust me trading can be self loathing in it's most pure form. You have to come to terms with it gradually in very small doses. mitigate the pain. The more riches you try to carry at once the greater it'll slow you down before the monster grips you in it's mouth for your last breath before it's all over. Perish in peace gracefully like an old aging wine in a shipwreck off the coast of France in 1759, not at the mouth of some grisly pirate pillaging about. Take the road less traveled with less traffic and greener pastures. Fight the dark side and don't do it, but you will. Everyone does. They have to see it for themselves. It's like the rat in the experiment where it's given a choice between cocaine or food, water, and sex. The rat always chooses the drug till it dies.
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Thank you Itchymoku. Again, well said. Keep them coming.
Michael Gervais would say: "I feel badly for those people who measure success by one point in time. But if it's a proocess and journey and life engagement, you have a choice to be successful in the arc of growing. "
Hi all, I've been "trying" to swing trade fx for about 4 years now but failed to become consistent. I'm the stereotypical trader story unfortunately. I have now cone to the conclusion that the only way I will be able to trade profitability …
, you still have a lot of potential so be happy that you're able to grow an account, even if it's a small one. Most can't even do that.
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Perhaps it is time to just let things roll on now. It would be great if @blackberry is successful in spite of the odds. I'm not expecting it, but it would be terrific.
But once the appropriate warnings have been made, discussed and understood, the value has been delivered. Now it's a matter of how the real-life experience works out. Like everyone else, he will make his own mistakes and have his own successes. Perhaps learn from both.
It's not realistic to expect success at this point, but who knows? In any case, we tried, he got the message, and now it's just between him and the market, as it always is.
Did not do my homework on Tuesday night. {absolutely inexcusable behavior}. Wednesday morning I slept in. Then haphazardly attempted to wing the ES trade of the 30min candle in order to keep my stop loss tight. I did have a good signal and did place a good trade entry with a very solid stop loss. And since I had no homework preparation to back my claim. I started to question my trade and the moment that I was up two ticks, the plug was pulled. I closed the trade and then watched as the price of the ES rolled over. Never reaching anywhere near the 1pt placed stop loss. I'm such a head case!!! Since my commision is $4, per contract per trade, my overall profit is $8.50 for today. Do I know what to look for on a chart? Yes. Am I severely underfunded? Most definitely. Why am I doing this to myself then? Why not just add the extra cash intended for this venture and not behave so foolishly? Because, I believe that if I can overcome this obstacle that I'd be better prepared for even bigger psychological obtacles ahead.