Ten-thousand in Education and still not profitable! | Trading Reviews and Vendors


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Ten-thousand in Education and still not profitable!

  #271 (permalink)

desert CA
 
Trading Experience: Intermediate
Platform: NT7, TOS, TWS
Broker/Data: AMP, DT, TDA
Favorite Futures: CL,NQ,YM
 
Posts: 2,108 since Jul 2011
Thanks: 2,350 given, 1,675 received

Thanks very much for the advice Roztom. I've re-read it to try to get it to sink in. I'll print it out and tape it as I've done with Jaguar52's post. I'm probably undercapitalized. To risk 1% I shouldn't trade even 1 contract. Thanks, I appreciate it. Just my thoughts: So maybe I should just wait a year or two to save up. Or move to Forex. Or forget trading altogether and stick to sim for at least 2 years. I already blew most of my risk capital in previous years on scams of options trading, and options and stock newsletters by so called "famous" trading educators of the past century, and CNBC celebrities and guests. At one time I could trade 3 contracts at 1% risk. But I didn't find daytrading until last year.

I'll be curious to see how the "blowup journal" goal of 2K to 2 million fares:

https://futures.io/trading-journals/17844-blowing-up.html


Last edited by Cloudy; February 25th, 2012 at 02:05 PM.
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