You can delete your "Lol" comment from this thread in reference to my last post, but it still gets messaged to me. There is no place for an attitude like yours on this forum.
All the contributors to this thread thus far have done nothing but try to help you. I don't know why you feel the need to be rude and snarky.
I wish you good luck in your trading journey.
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- Trade what you see. Invest in what you believe -
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The following 2 users say Thank You to JonnyBoy for this post:
Can I please suggest that we give KyronC another chance.
@KyronC let's start over. You have been given some suggestions by quite a few experienced FIO users.
How or what you make of that is up to you. You can either tell us a bit more about yourself, what you traded, how you traded, etc. or you can start looking around FIO armed with some of the suggestions provided.
I will just add that, to me, the most invaluable tool has been just searching around the forum. The 'search' engine is quite powerful. But that's just me. Other people might be better served by asking specific questions, or just browsing. It really depends on one's personality.
Either way, good luck.
The following 6 users say Thank You to xplorer for this post:
Thank you, I do regret saying what I did. It’s just I’m so tired of having my hopes and dreams built up and then knocked over, and I wasn’t getting the answers I wanted.
Yeah, I would really like to spend a couple of minutes just quickly explaining my current situation and experience, but I feel like I've burnt down my bridges.
Of course I apologise though , everything I said was out of pure frustration.
The following 6 users say Thank You to KyronC for this post:
Here is a quote (from Trading in the Zone, i believe) I always read over and over again...
“Money is just something you need in case you do not die tomorrow. Let this is a reminder for you not to obsess over profits and losses. In whatever you do, strive for enjoyment, focus, contentment, humility, openness... Paradoxically (and as an unintended consequence) your trading performance will improve significantly.”
Good Luck to you!
The following 11 users say Thank You to Skidboot for this post:
@KyronC
I saw the post before you deleted it and No wonder your hopes and dreams have been knocked over. You will not be trading 100 contracts and profiting $25,000.00 per week in just one years time. Start with 1 contract in one market and master that. Make it a Micro if you can and throw that spreadsheet away!
The following 4 users say Thank You to WoodyFox for this post:
More or less exactly what my mentor said, start with 1 market and master a few set-ups. I'm starting with MES so those 100 contracts would actually be 10 ES. Does that change how you feel?
One step at a time. Master a few setups in one market with one contract. Learn good risk management and once you prove you can increase capital...then adjust. I would prefer to start diversifying the markets traded before increasing contracts in one alone. This will smooth out the equity curve, then you can start adjusting contracts.
The following 2 users say Thank You to WoodyFox for this post:
Okay, that makes sense, thank you. KJTradingsystems (Kevin Davey) actually said something very similar. He suggested diversifying into an uncorrelated market (to smooth out our equity curve), do you agree or do you think trading the MES & M2K at the same time wouldn't cause any problems?
