Disliked"there is really not much to improve, system wise. " Respectfully, I suggest you to rethink that statement. Best, FFIgnored
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Disliked"there is really not much to improve, system wise. " Respectfully, I suggest you to rethink that statement. Best, FFIgnored
DislikedIt's a pity to sometimes worry more about the recognition of what we accomplish than what we did in it. One day you celebrate the 150k views of your journal, post #829, beautiful, time to celebrate, and then in post 834, your words: “not completely over, but will be sooner or later” ! Wow, what a change in tone, and that what just five posts later! You were showing us how well and consistent you were doing and proud to do so showing your TE for months and so many people seeing it! But suddenly when things turn bad you remove it and then came out...Ignored
Disliked"there is really not much to improve, system wise. " Respectfully, I suggest you to rethink that statement. Best, FFIgnored
Disliked"Profit farmer did failed despite , 15 months of dedication and consistency profitfarmer failed as blowing his account was not one of his objectives or goals. However one must realize that even in failure one can achieve a level of confident , motivation , and inspiration along with new experiences and knowledge and a better understanding of one short coming. so while profit farmer did fail , he took a massive step in the rright direction while providing countless traders with information and motivation." If he had bothered to look at my work rather...Ignored
Disliked... he fell victim to all the market manipulation games I am EXPOSING. He fell victim to POSITION RUNS, STOP RUNS, short-term games etc. ...Ignored
DislikedHi profit farmer, apart from the main reason, namely your human error, (Equity SL not respected), and the consequent account blown, can you tell us if your recent move from your former office in the countryside to the new one in town has played a role in committing this mistake ? Environment where we trade is an important factor, as an advantage you named a better internet connection, but probably where you are now there also many more distractions preventing 100% focus or it simply takes time to get used to the new arrangement. I'm asking this...Ignored
Disliked{quote} there is a good chance it wont have any adverse effect on you. happy trading!Ignored
Disliked{quote} I traded when I wasn't feeling well physically and ended the day with bunch of losers but I had to stop myself from damaging myself and my account any further when I knew I was now in the gambling mode and no longer reacting on sign. I think when you're not 100% physically and that also somehow affects your mental stability and you can easily slip into buy this sell that whatever mode which can be very dangerous if not addressed right then and there before it gets too big and gets out of control. I'm still in the figuring out process so...Ignored
DislikedHey PF Sorry to hear about the loss of the account. I've blown up some big accounts in the past and it is a bitter pill to swallow when it's solely due to momentary loss of self discipline. I'm also going to be trading out of Bangkok next year so this thread is very much of interest. I may have some questions. I've not fully got up to speed on the thread yet so apologies if this attachment doesn't apply to you, but this might be useful. You can install this DisciplineTrader EA, ideally on a VPS to avoid tampering with. The EA will close...Ignored
Dislikedself discipline is the key easier said than done , but true what I can add to your self examination PF , is that you were just about to break out of your HWM for the year and those psychological targets tend to have a negative influence on Traders : " I am up 49 % , sh*t I wanna be up 50 % so I'll take that one more trade !!!! " The one more trade which ends up killing the Trader himself , because you lose perspective on the trade and only focus on your * targets *Ignored
Disliked{quote} the main/TE account was without target, from start to end. it was about 8% up for the year, the last previous HWM being end of Jan, with 4%.Ignored
Disliked{quote} sorry if i don't recall exactly and don't know all the details , but what i remember is that the last time i saw your FF TE your equity line looked something like that : that is the HWM i was referring to but if that's not the case , my bad {image}Ignored
DislikedIf you want to treat trading as a business, you have to have realistic expectations. Doubling an account in a month isn't sustainable long term. Turning 100$ into a million isn't something a professional trader would do. A Pro might turn 100k into 10M, but even that would probably take them more than a decade. Don't take anyone seriously with an account of a few hundred dollars. When the world's top managers only have an annual average return of 20-25%/year (but over a 40+ year career), then how serious do you think the "Doubled my account...Ignored
DislikedDear Journal Readers, I have also had the opportunity to have a few 1-1 sessions with Profitfarmer and I'd like to share my experiences with the community. ....... I hope others will be as lucky as I have, but step 1 is to read the journal Cheers, PeterIgnored