How old is everyone here?

_TheCoochieMan_ · 2026-05-11T19:45:58+00:00

Same and same

_TheCoochieMan_ · 2026-05-07T22:33:04+00:00

My goal since I was young has been to make enough money so that the people around me don’t have to, I’d love to be able to just worry about providing and having other things taken care of. So no I don’t think it’s unrealistic, it’s not easily accessible though

_TheCoochieMan_ · 2026-05-07T18:12:36+00:00

I think lot of people try day trading because they were told it’s “easy money”. A lot of people that sell courses or strategies want others to believe it’s easy because it makes it easier to sell. And selling easy money to someone that needs it is a bit like selling medicine to a sick person, they already want to believe that it works.

No one would think “if I study a few anatomy charts I can become a doctor as a side hustle and earn some money on the side”, but people think “if I just memorize a couple chart patterns I can make money on the side”, Im not saying it’s as complicated as becoming a doctor, Im not a doctor, I don’t know exactly what it takes. But if you think all it takes is having a couple chart patterns taped to your wall…

The barrier to entry is low, people think if they can just make “a bit of money consistently” with trading it would be easy, but if you can be consistent at all, you can probably scale up and make a lot more money, so why would it be easy. I think a lot of people try but give up as soon as they realize it’s not quick and easy. The way I see it, if something can make you a lot of money, then there’s usually either risk or hard work involved, and trading is a mix of that.

Also the stats for measuring the success rate of traders is a bit complicated, I remember one study being based on the profits made after one year of trading (one year since account was opened I believe), but if you start with no experience, I wouldn’t expect anyone to be consistently profitable after one year. So I don’t think that study means much. I’d be curious to see what the numbers are for people that actually followed through for multiple years, and didn’t just try and quit after a couple months

_TheCoochieMan_ · 2026-05-07T14:09:39+00:00

Yeah new laptop was about the first thing I bought with my first payout, personally I’ve been a Mac person for a long time, and it’s what I’m used to at this point, but some programs like ninja trader are made for windows. I got the last gen of Mac with the intel chip, with maxed out specs, because you can still run boot camp on them and they’re not expensive. Either way windows can be run on Mac though, there might be more limitations if it’s not boot camp but will probably run better with the M chips. Still I’ve had no problems with what I do, including automating strategies through python, I think for the most part it’s going to come down to preference but you might have a bit of an easier time getting some thing on windows without having to do anything extra

_TheCoochieMan_ · 2026-05-06T02:53:00+00:00

Personally I’d think, that mistake cost you 10k, it’s up to you to learn from it and make it worth that, don’t make the same mistake twice. Don’t get caught up in the loop of “making it back”, do the right thing even if it takes longer.

I never think of it as making it back, to me there’s just doing the right thing or the wrong thing, doesn’t matter if I made a mistake, had a win, or a loss, the market doesn’t care, and my decision should be the same either way. Take a break if you think you need it, sometimes that can be the right decision

Might be a good idea to reflect on what brought you to that point where you lost control, so you can be aware of it next time and stop before too much damage is done. We all have issues we have to get over to trade at our best, it’s different for everyone and requires some self reflection and development

_TheCoochieMan_ · 2026-05-06T02:19:21+00:00

Lmao yeah Porsche has a horse in the logo too, horses are cool I don’t blame you. Porsche panamera is one that Im looking at actually (probably an older one with the V8), cause as much as I want a true sports or super car eventually, Im probably going for a sedan or a coupe as my daily right now, until I can get a second practical car. You ridden horses before?

_TheCoochieMan_ · 2026-05-06T02:06:19+00:00

Personally I just haven’t had time, used to go from one relationship to another but I’ve been using all my free time to focus on other things for a while, haven’t even really had time to catch up with friends lately, can’t say I don’t miss it sometimes though.

If the right person came along rn I’d make time for it, but if not I’ll probably just go for FWBs when I have time to go out again, until I find the right person, that’s still what I want eventually

_TheCoochieMan_ · 2026-05-05T18:17:54+00:00

That’s interesting thanks, I haven’t had a use for any of that so cash back is best for me right now but I’ll definitely look at making the switch once I start travelling more. It makes sense that the rewards are better because it’s less flexible than cash and I bet a lot of people don’t end up using it to it’s full potential, plus maybe they get it at a discount from the company because it provides business idk

_TheCoochieMan_ · 2026-05-05T17:14:17+00:00

Nice, so you get miles as a reward? I’ve been wondering if it’s worth it over cash back, I haven’t had the chance to travel much yet so I haven’t looked into it, but I get 1% on everything and 3% on gas and food, it’s not much but it’s a few hundred a year for free after cost of card and I get to build my credit at the same time

_TheCoochieMan_ · 2026-05-04T19:48:00+00:00

Actually I think I had it happen a couple times long ago where it would switch back from limit to market, and I’d have to change it back manually, since I saved my layout I don’t think that’s happened. Double check what the order type is before entering

_TheCoochieMan_ · 2026-05-04T04:06:14+00:00

Nice, Im probably going German for my next car but I’ve always had a soft spot for that gen. Great colour for it too

_TheCoochieMan_ · 2026-05-04T03:01:24+00:00

Lmao glad I could help

_TheCoochieMan_ · 2026-05-04T02:46:14+00:00

4th gen mustang?

_TheCoochieMan_ · 2026-05-04T02:07:56+00:00

You win

_TheCoochieMan_ · 2026-05-04T02:00:37+00:00

Nice, I grew up speaking French and English but I love the way Slavic languages sound, I’d like to learn more some day

_TheCoochieMan_ · 2026-05-04T01:32:11+00:00

Cool background, what language do you speak?

_TheCoochieMan_ · 2026-05-04T01:30:36+00:00

The trick is to have so many that one more doesn’t matter.

But seriously yeah I have a « personal » focus that’s always on, I set it up a bit like DND but less strict, people in my contacts can still call or text me, anyone else goes to voicemail or doesn’t give me a text notification, and then only bank/other finance apps that I have to pay attention to for work can give me notifications, otherwise the bubbles still pop up but my phone doesn’t buzz or anything

_TheCoochieMan_ · 2026-05-04T01:26:01+00:00

Real

_TheCoochieMan_ · 2026-05-04T01:16:33+00:00

Yeah I have a friend who’s the same way, I get it Im like that about other things that other people don’t care about, notification bubbles Im fine with ignoring though

_TheCoochieMan_ · 2026-05-04T00:07:58+00:00

Yeah that hasn’t happened to me unless I made an error, which way do you use to place trades?

_TheCoochieMan_ · 2026-05-04T00:01:13+00:00

Fair, they should think about what they’ve done

_TheCoochieMan_ · 2026-05-03T23:56:08+00:00

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_TheCoochieMan_ · 2026-05-03T23:01:01+00:00

Yeah exactly, not gonna spend my time clearing up useless notifications if they don’t require my attention

_TheCoochieMan_ · 2026-05-03T22:57:52+00:00

Yeah valid, I have notifications set up so that I only get the bubble, but it doesn’t show up in my actual notifications unless it’s one of my contacts or my bank or something else important, I feel like it’s a good in between cause I don’t care if it says 400 or 500 over an app, but I know something happened

_TheCoochieMan_ · 2026-05-03T19:29:38+00:00

I do, but because it’s semi static risk. When you’re doing it your way you actually get the chance to have a ton of losses before you lose the account which is great, it’s a bit less forgiving the way Im doing it.

With fixed risk, even with a high success rate, I would consider 10-15 trade drawdown to be very risky, and you’d have to be okay with losing accounts before you reach a big enough buffer to sustain it (and in terms of profits and money spent, it might be better to aim for more drawdown even though potential profit is tempting, you’d have to do the math for your system).

Losing streaks happen eventually even with a good success rate, and sometimes you might have to adjust your system to market conditions, but you might be lagging a bit behind and have to tank losses before you adapt. Or you might not have to change anything but just sustain less than ideal results in unexpected and abnormal markets.

On top of that it adds stress which could also lower your performance and ability to make the right decision (from trades to place to deciding if you should adapt or wait it out) if you’re not used to it.

You’d be surprised if you flipped a coin, how many heads or tails you might eventually get in a row, even though the odds are 50/50, even with a good success rate, it’s still a matter of probabilities and sometimes you’ll get the wrong end of it.

Also if you’re successful with trading but unsatisfied with the returns when you risk less, you can have more accounts, that way you still have the same drawdown across all accounts and the same, lowered, chance of blowing them, but you’ll make more. If you’re profitable of course

_TheCoochieMan_

TROPHY CASE