San Antonio, TX
Posts: 96 since May 2019
Thanks Given: 46
Thanks Received: 56
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And today, I blew up my account...
I went to bed thinking the market needs to correct back down to the bottom.
How I blew up my account;
1. I was thinking short, but hit the buy one 1 contract button. I think thought to myself, why take a small loss, when I can average down :-)
2. I averaged in to like 65 contracts in MES..... LOL
3. I threw in the towel, and took the loss.
So from $5k to $1k.
What did I learn:
1. I don't have the discipline to trade.
2. I understand the concepts, but don't really apply them well.
3. I love the thought of trading. but the actual process of trading is not what I like.
What I was hoping for with trading:
1. I wanted to use trading as a way to make some extra cash to put into another business. aka grow my wealth quicker.
I lasted about 1 week, with futures.....
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