Gosh Darnit!!

Started at 1000$. Got it up to 1300$ slowly and safely. Got bored (knew it was a dangerous feeling). Lost $600+.

balance is now 750.00$

Someone tell me I'm stupid but it's not the worst thing that can happen. I know i can bring it back up again, just annoyed with myself for falling into that emotional trap.

You're stupid but it's not the worst thing that can happen.

There, feel better now

Thanks peter, your thread started me in my general trading direction so I've got great respect for you. Argh, going to get some sleep and approach this whole mess with a fresh perspective.

Rage rage rage.

Ask yourself what was right about the 30% increase and what was wrong with the losses.

If you simply took trades that didn't fit the previous pattern then there's nothing to do but go back to what worked. If it was simple guesses traded from boredom (as you mentioned) rather than your normal style then that's the key lesson from all this. ( Don't tell everyone, but it happens to me too, just not so often nowadays.)

Don't start changing a working method if that wasn't the cause - that way leads to guaranteed failure. You must have been doing something right to build the account the way you did. Look hard before leaping into the fire, the frying pan might still be the best place to trade from.

You also have problems with math!

LOL. Not really, just didn't want to outline all my losses. Went from somewhere in the 1.4k range down to 750.00 so i was pretty pissed off. Not using margin/leverage my account can't handle next time. Time to slowly build up my account and try not to fall into the temptation of large risk trades.

anyone want to give me some nobrainer trades? ....


edit. on a side note, anyone ever left a trade open and just left it for like a month without looking at it? Of course with respective SL and TP levels. Wonder what it'd feel like...knowing you've got an open trade and not being able to see it for a month.