Monday, November 2, 2009

Pathetic

3:15pm CST - Pathetic describes my trading to open this month. Obviously I need to make some changes (how many times have I said that before?). Stay tuned...

RESULTS FOR DAY
Contracts:30
Net $P/L:-1178
Wins:6
Losses:10
Win%:38
Avg$Win:49
Avg$Loss:-147
Posted by at

5 comments:

  1. jzwNovember 2, 2009 at 3:42 PM

    Ouch. Why is your avg loss so much bigger than your avg win?

    ReplyDelete
  2. E-Mini PlayerNovember 2, 2009 at 4:14 PM

    Ouch is right. Dude, you need help! I'm dead serious. If you want to talk shop, lets do it! We probably live within a few miles of each other. Lets work on fixing whatever your problem is. Stop bleeding your account! You have my email address; if you're interested, send me your contact info.

    ReplyDelete
  3. Jorge MatosNovember 2, 2009 at 6:42 PM

    I agree with e-mini player. Take a break before you lose more money. I know you have said you don't like to test it in SIM, but that is really what you need to do. Postponding this will continue costing more and more money and your confidence in trading will vanish.

    Jorge

    ReplyDelete
  4. JLNovember 2, 2009 at 7:31 PM

    Damn man...as I see it you are trading for action or excitement more than profits or consistency. But don't fret it can be fixed because you are obviously not afraid to pull the trigger or lose money. The key to trading is learning to get on the right side of price action. It appears your bias and trades constantly run counter to price action which causes these outsized losses. Take EP up on his advice and put some gas in the car and meet up with him. Slow it down or go trade a forex microlot acct if you have the trading bug so that you don't get hurt so bad. You are using up the most important capital a trader has...his confidence in his abilities.

    ReplyDelete
  5. TSTNovember 2, 2009 at 8:31 PM

    MBA,

    Trade less contracts till you get your 'mojo' back.

    ReplyDelete

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