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Attachments: $800 to $2000... Day by day
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$800 to $2000... Day by day

  • #1
  • First Post: Mar 10, 2013 7:49pm Mar 10, 2013 7:49pm
I don't know why I'm starting this thread because I'm not profitable yet.. but hopefully I can see the light soon.. I have been trading for 5 years plus, and somehow I'm still not profitable smh... But I know deep down inside that this is what I want to do.. I hate working a 9-5 and being a slave.. I want to turn my $800 to $2000.. I don't have a time goal but that's what I want to do first, and then I will work my way up taking the $2000 to $5000 etc.. My new strategy will be to trade with the trend and range markets using pin bars, engulfs, and breakouts as my signals.. Ok so that's it for now, I will be posting tomorrow with some results..
  • #2
  • Mar 11, 2013 12:48pm Mar 11, 2013 12:48pm
So sad today.. I lost my head to the chop today.. Lost $120.. Hopefully tommorrow will be better.
  • #3
  • Mar 12, 2013 12:26am Mar 12, 2013 12:26am
foolish dreams. learn to lose without pain, then it may turn out anything should
  • #4
  • Mar 12, 2013 1:35am Mar 12, 2013 1:35am
this market is about one thing and one thing entry point choose your entry point in trade very well and then let your profit run and don't worry about it have a nice day
focus while relaxed to see better
  • #5
  • Mar 12, 2013 2:22pm Mar 12, 2013 2:22pm
Decent day today.. Took 3 trades 2 winners 1 loser.. We had a decent spike in the mornig so i jumped right in for the ride

+$75
  • #6
  • Mar 12, 2013 2:23pm Mar 12, 2013 2:23pm
Quoting Rail
foolish dreams. learn to lose without pain, then it may turn out anything should
I don't know what you mean by that but yea ok..
  • #7
  • Mar 12, 2013 2:27pm Mar 12, 2013 2:27pm
Quoting orabi
this market is about one thing and one thing entry point choose your entry point in trade very well and then let your profit run and don't worry about it have a nice day

Yea I done figure that out already but easy said than done.. Some days or trades you can't let your profits run.. If it was that easy we would be all rich .. But yea i totally agree with you..
  • #8
  • Mar 12, 2013 4:56pm Mar 12, 2013 4:56pm
I hate to be the bearer of bad news but you'll probably turn $800 to $0 before you get it to $2000. We all want to escape the wage slave life but unless you have a strategy that you know for a fact works you shouldn't be throwing your hard earned wages at the markets for those in the know to gobble up. Open up a demo and do that instead until you are confident in yourself.

Obviously you don't have to listen to me or anybody else but I just want to save you some of the financial pain and mental punishment. I've been at this for years now and I know others who have as well and we still aren't profitable, although we've learned a lot along the way.
  • #9
  • Mar 12, 2013 8:06pm Mar 12, 2013 8:06pm
Quoting focusonmoney
Yea I done figure that out already but easy said than done.. Some days or trades you can't let your profits run.. If it was that easy we would be all rich .. But yea i totally agree with you..
When I tried to think so too, but it's really naive. To trade profitably have been years. You several times before you understand loser and start trading right ... That's what I wanted to say. But not as strange - to trade is easy, important to understand how.
  • #10
  • Mar 12, 2013 8:31pm Mar 12, 2013 8:31pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quoting focusonmoney
So sad today.. I lost my head to the chop today.. Lost $120.. Hopefully tommorrow will be better.
I will not persist without seeing a reason for doing it. If you are never going to "make money" you are wasting your time. Find a system to help with safer entries and how to exit. Give yourself up to learning it and then apply your own knowledge as you see fit. Crawl first then go exponentialing...
Try this thread...
  • #11
  • Mar 12, 2013 9:08pm Mar 12, 2013 9:08pm
Quoting Kanzler
I hate to be the bearer of bad news but you'll probably turn $800 to $0 before you get it to $2000. We all want to escape the wage slave life but unless you have a strategy that you know for a fact works you shouldn't be throwing your hard earned wages at the markets for those in the know to gobble up. Open up a demo and do that instead until you are confident in yourself.

Obviously you don't have to listen to me or anybody else but I just want to save you some of the financial pain and mental punishment. I've been at this for years now and I...
It sounds like you are not profitable and you want to bring your bad experiences on me.. Anything is possible.. I'm not saying I'm going to hit my 2k mark, but thats what I'm aiming for.. Is something wrong with that? It's only $800.. Its not like i spent my whole life saiving $800..
  • #12
  • Mar 12, 2013 9:13pm Mar 12, 2013 9:13pm
Quoting focusonmoney
So sad today.. I lost my head to the chop today.. Lost $120.. Hopefully tommorrow will be better.

You don't feel like you are risking too much?? Losing 15% in a single day?

I believe money management is just as important or more important than whatever your trading strategy is.
Trade what you see, not what you think!
  • #13
  • Mar 12, 2013 9:14pm Mar 12, 2013 9:14pm
Quoting Jamz
I will not persist without seeing a reason for doing it. If you are never going to "make money" you are wasting your time. Find a system to help with safer entries and how to exit. Give yourself up to learning it and then apply your own knowledge as you see fit. Crawl first then go exponentialing...
Try this thread...
I have been crawling for years lol.. I undersatnd what you are saying..
  • #14
  • Mar 12, 2013 9:42pm Mar 12, 2013 9:42pm
Quoting focusonmoney
It sounds like you are not profitable and you want to bring your bad experiences on me.. Anything is possible.. I'm not saying I'm going to hit my 2k mark, but thats what I'm aiming for.. Is something wrong with that? It's only $800.. Its not like i spent my whole life saiving $800..
No, I'm not profitable and I have no shame in saying that. I'm not wanting to bring my "bad experiences" on you - I'm only warning you what is likely. Have you tested your strategy for any amount of time in a practice account or are you dead set on flushing your money down the toilet? It may be "only" $800 but for many people that's enough money to buy a month's worth of groceries.
  • #15
  • Mar 13, 2013 9:20am Mar 13, 2013 9:20am
No trades for today..
  • #16
  • Mar 13, 2013 9:47am Mar 13, 2013 9:47am
Quoting focusonmoney
No trades for today..
Well Focus on money
If you bring your demo up by 2000 in a week
go ahead and turn the $800 into 1200 in a month.
2k is still a long short sir.
  • #17
  • Mar 13, 2013 11:22am Mar 13, 2013 11:22am
I'm not trading demo.. This is a live account..
  • #18
  • Mar 14, 2013 12:34pm Mar 14, 2013 12:34pm
Nothing special today.. 2 losers, 2 breakevens and 1 winner.. I took a long early this morning hoping for a nice breakout from the morning high, but I didnt get that..

+$18
  • #19
  • Mar 15, 2013 1:55pm Mar 15, 2013 1:55pm
Pretty decent day today, 1 breakeven and 2 winners.. I went over my trades for the week and I found out that I made a couple mistakes on monday that had cost me.. I guess I just have to learn from it and move on. Thank goodness it's Friday ..

Today +$113
week +$85
Attached Image (click to enlarge)
Click to Enlarge Name: trade 1.jpg Size: 295 KB
  • #20
  • Mar 18, 2013 11:09am Mar 18, 2013 11:09am
I don't know why but mondays be killing me.. Hardly any good movement so far smh.. Anyways tomorrow is another day..

-$100
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