Hi J-F,Originally Posted by ;
lol, dont belittle your expertise, I dont
sure bad things can and do happen in trading, my focus is on keeping the rules, least the major ones, ie. Equity SL, even though there's a belief that the direction is perfect.
Thus the case the article above, being right, timing wrong. . .sort of.
For sure, I had any managed account that hurried to the door before the previous entry was closed; it's somewhat good that have been accounts I was anyway to drop for different reasons.
In the meantime had handled accounts which took a little to pick, and arrived at the conclusions that this is trading, and no rules/agreed terms were violated, what is a good ( and not the common thing).
And believe it or not, in talk about some prop firm now ( yes, yet another one!) That seem to be very interested and appreciate that the keeping to the rules facet, as well the drawdown to reunite ratio....
So, what I meant to say, everyone has a different spin on a trading account.
Mine ultimately is, that I am trading for a living, and so wish to create a living.
I am, for a variety of reasons, not attaching or showing all of my trading accounts, the TE only represent a part of those.
A reason my final month ended marginally above BE, and how this month I am already ahead.
It isnt something a gain to brag about, but on course to pay my monthly expenditures, probably. And that with a drawdown like that previously, is not bad.
As for the equity SL, together with the previous 2 losses, there's a total of 8 today...I understand the landmark 10 is closing in, but prefer not to rush it. . .and every instances were within the -10 percent limitation.
Just as previously stated, I do this for a living, and also have a decent 5 digit equity of my own in the frontline. Not a lot, for me personally it's, because I am from a background. I am not looking to blow it away in one shot that is crazy.
The prop handled money is only a potential bonus bargain, the icing; also something else, yet another 'goal', and something I wanted always to learn about peeking behind the scene what it's like. ( so far, after 7 months, I would say a lot less glamorous than most would believe, lol).
Because I am here, the wrapping of the day:
as luck is, today the best opportunity for me happened during the hour was chatting with these prop guys.
2 small entrances, net 7.7 pips, 0.06 percent. . .another small step forward.
Tomorrow a different trading day.
Joyful trading
PS:
missed this: All the best , it appears you're experiencing BIG TIME the emotional part of trading (and us by following you and your thread, even though in a lower intensity compared to you clearly).
It isnt that bad, really. The distributions of losses not ideal, but that doesnt mean I am in a total limbo.
Contrary to everything you believe, I had a session together with Axi/Psy risk management man too, and we agreed things are on course, and managed as was anticipated in such scenario, really.
but it's a journal, together with the good and bad, and cant fully dismiss the emotional effects, because that sort it'd be a lie, and this isnt a thread telling lies!