green, it pretty much changes how you feel. It really is not supposed to, but losing days do really make me a failure and winning days make me a success. And that overwhelming need to win every day.
It still comes down to that amount of cash in your account that drives almost 90 percent of being a success or failure. Realizing that an account is so small that 50 cents a share is needed just to break even, while that same amount gets a professional trader out with a good profit. The horror of upping share size, to have that one stock be your one bad pick of the week. Or having that 5 dollar profit sitting there with a stop loss just to get 5 dollars.....not a share...total profit...only because your account can not afford any downside.
The under funded wannabe. that's me.
Put on one futures trade and made 3 points....the rally lasted over 20 more points...but I can't afford a loss..so the tight stops.
Robot: 6 winners, 11 losers, minus 257.42
If I don't get distracted tonight, I'm going in for brain surgery on his butt......wait, is that where it is? No wonder he has been posting such a terrible record.
Other stuff: been living on candy bars and the last of my frosting for three days now, tomorrow I think I'll have to go to the store and buy actual food.
Tuesday, March 16, 2010
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