Millionaire in 10 weeks & Conversation with broker | Psychology and Money Management - futures trading strategies, market news, trading charts and platforms

Psychology and Money Management

This forum is where successful traders spend most of their time and where struggling traders never visit. The psychology and money management forum is where you learn to become a profitable day trader


Millionaire in 10 weeks & Conversation with broker

  #39 (permalink)

Site Administrator
Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 47,646 since Jun 2009
Thanks: 30,377 given, 89,969 received

MerlinWorld View Post
Well I was afraid of this type of reply thinking that TradeStation was the only forum "infected" with negativity where logic, backtesting and solid positive performance report can't even shut them up.

It looks like this forum is like that too.

As a whole, the entire point of our community is helping others with a positive attitude. I created the site because other forums were "infested" to use your term with negativity and trolling, and I couldn't stand it.

So please don't mistake someone trying to condense decades of trading experience into a few sentences in a post that come across harshly for someone that is rude or overly negative. For the most part, they are trying to just "keep it real". And the fact is, what you propose is practically 100% impossible. I would therefore suggest you try to aim for something more realistic. This is me speaking, a trader with ~25 years experience, and 10 years experience watching patterns of successful and unsuccessful traders as admin of this site. You might consider I have a clue. But its up to you to prove me wrong. As traders, that is the basic of the job - win, and that means someone else will lose.

A good place to start is the "Where to start as a trader?" part 1 webinar here: (in your browser ctrl-f then search "where to start").


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member (see why)

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal
The following 8 users say Thank You to Big Mike for this post: