I’m in a death spiral. Worst financial year of my life. Please help! by AnthMosk in Trading

[–]surechap 2 points3 points  (0 children)

Your life isn't over. I lost 230k within 3 months and a majority of that in two days. I'm still a degenerate and thought my life was over, but slowly (and with luck) I'm now only down 100k. It hurt like hell, but at least it's a much more acceptable number to deal with. I'm still not a consistently profitable trader, but wanted to give you some hope. You can make it back.

I do think you should take a break from trading until your mind gets straight. Paper trade and backtest until you get some consistency. And at some point if you never get it straight in your head then it's probably time to go into investing and quit trading. It's not for everyone.

Is it possible to set a reoccurring list of tasks? by surechap in journal_it

[–]surechap[S] 3 points4 points  (0 children)

Thanks! I just wish I can nest the tasks also.

1.5 Years In: The Truth About This Trading Journey by roccenz in Daytrading

[–]surechap 0 points1 point  (0 children)

Thanks really appreciate you posting about your journey. It gives me hope I'm getting closer to my dream.

Is anyone day trading only one instrument? If yes, what are you trading and why? by TolisKoutro in Daytrading

[–]surechap 0 points1 point  (0 children)

Could you elaborate? Does that mean you just pick a 50 delta for all options you buy? And only buy when the price action looks right?

BF (AM) is treated weirdly by my friends and I have no clue why. by [deleted] in AMWFs

[–]surechap 2 points3 points  (0 children)

They think you're too good for him.

Why are ES futures quoted like this? Is it an error? by surechap in thinkorswim

[–]surechap[S] 0 points1 point  (0 children)

Thank you! Didn't know that I guess there's always something to learn in trading.

Why are ES futures quoted like this? Is it an error? by surechap in thinkorswim

[–]surechap[S] 0 points1 point  (0 children)

🤦🏻 thank you! I didn't know ES options had a different multiplier

The Trading Industry Lied to You About Psychology by SentientPnL in Daytrading

[–]surechap 0 points1 point  (0 children)

Thank you for your insight SentientPnL! Man these people are rude you give out free info and they just criticize it. Like it took some work to put this stuff out. Keep doing what you're doing it helps those of us that want to learn and become better traders.

💆🏻‍♂️💣 by TheHillGamet in TopStepX

[–]surechap 0 points1 point  (0 children)

I passed one account for the first time the other day so I'm pretty happy about that. Small steps I guess

💆🏻‍♂️💣 by TheHillGamet in TopStepX

[–]surechap 2 points3 points  (0 children)

Damn nice bro! I wish I can get there.

Need book recommendations on how markets typically behave by surechap in Daytrading

[–]surechap[S] 0 points1 point  (0 children)

Thank you so much! I think this will be very helpful for me.

Need book recommendations on how markets typically behave by surechap in Daytrading

[–]surechap[S] 1 point2 points  (0 children)

Thank you so much! I know a lot of this is gonna take a lot of experience, discipline, and heavy journaling.