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thomasamoth
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I don't remember where I picked this one up...but it is on a post-it attached to my monitor: "Loss of opportunity is preferable to loss of capital."
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Introduce Yourself Here - Don't Be Shy!!
thomasamoth replied to trading4life's topic in Beginners Forum
Hi everyone! Just following protocol and introducing myself. A little history: 2 years ago I was in a pretty bad car crash. Subsequently, I couldn't work at my old job (depot level aviation electrician) and I lost my job. After close to a year of physical therapy, surguries, ad naseum, I started to look to see what I could possibly do. I went to school and ran into some great people in my economics class. They were traders-stock market though-and that got me hooked in. I got demo accounts with quite a few of the reputable firms, and felt I had it down. So I went live trading stocks, and promptly blew up a 50K account to 25K. About 9 months ago, a online friend suggested that I might look at futures. So I did. Demo'd several brokers and funded a account with the same as my friend. Things were (are) going fairly well, and I had managed to get close to 30K in the account. And then something happened...I don't know what...but something happened. Nothing worked anymore. The setups I had been working with seemed to fail overnight. And now I am just below the 25K I started with and, quite frankly, scared to death. So for the past month I have been "simming" and still failing. And it all started just before the last contract rollover. Oh, and in case you are wondering, this money I am working with is from a contract buy out. The lawsuit over the car accident is still in process. Anyway, I am hoping that by coming here I can see what others in the same community are doing and how they are doing, and maybe even make a few friends along the way! Profitable trading to you all! thomas.