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My Journey in trading has had many twist and turns. I am pretty angry with my self as i should have know better by now.
1. I survived - failed and lost in the Tech Boom
2. I survived - failed and lost but managed to keep the construction company trading 2008 GfC
3. I survived - Fatal health and cancer issues
4. I traded the Marrijuana Boom and made Money
5. I traded the credit spreads on the emini and Vix products and made Money
6. I traded the lithium sector and lost it all again
My bigest blunder todate was my vision and conviction of the future in the lithium industry and to change my trading style to position Trading. This wipe out my account..
The company i invested prudently was low debt and a producer with a initial mine life of 10years with an expanding reasource - chineese offtakers sales back with contracts - The down fall was it only had one offtaker which bailed and reneged its contracts leaving the company with no sales in a falling lithium market in 2018. The company went into liquidation compeditor back doored the deal and the share holders were shafted.
I spent most of 2019 working with singaproean share holders fighting the take over in court and negotiating with partners to raise the capital to reinstate the company. In the end the court process over road time and the lithium price would dictate a viable enterpise. The company went to a chineese entity backed with chineese goverment entiy cash is king.
so lets put that one down to bad luck and not diviserfieng my investments.
I am back to restart again my trading account is only small but i am determinded to try again. although i have knowledge of the market. I would like to go down the track of automated trading.
New guy reporting for duty. I'm a 39 year old sound technician for an audiology company, and have almost zero experience trading. Thanks to all in advance for your guidance and patience.
Hi, I start as investor after invest for 5 year my equity growth up about 100% but when market down it's go faster than when it's go up, I lose 50% of my profit in 3 months. All this time I think I know about market but turnout I know nothing when I come to day trading. the more I know the more i don't know
looking to get some experience with daytrading the emini.
Due to the high volatility in the emini i`m currently checking some trade ideas in the micro emini.
Hi all, I have been a silent follower of this site. This is indeed a very knowledgeable hub for day traders. I am an active trader and have recently started posting daily analysis and understanding of Dow Jones on YouTube. However, I really dont know how to share those reports with you.
i will share what i am working on in due course