@kroyrunner Tim, you are inspiring me! I'm about 6 months in and I'm at my all time low, about 5,000. I need to turn this around and am determined to do so. Thanks for any help you can offer.
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[TimAlerts] Lol, $ASTI slow moving weak looking stock big wall of sellers at 1.75 to break thru
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@Ccormier2040 I know it must be getting you down take some time out for a few weeks and study the pattens more.
Ccormier2040 Feb 23, 15 7:18 PM
I am getting very aggravated, but I learn from every trade and I know it would be cheaper to buy"how to make millions" but I just believe the next one will pay off!
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[TimAlerts] $MCP nhod
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[TimAlerts] $MCP closing with b/o
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[TimAlerts] $GENE nhod
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[TimAlerts] $GENE has been hitting its hod's right around 3:00
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[TimAlerts] $GENE biggest up move all day
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The most important thing is to understand where you are going wrong... what mistakes lead to your losses? Also, have to figure out which setups you are best at and most comfortable with, and then focus on just those for a while. That self reflection can go a long way
Thanks Tim, I've realized that if I bet bigger and get out quicker I can win, but I need to cut losses which is so hard for a small account.
@Ccormier2040 adding to what Tim said about self reflection. The book I've been reading the last couple months that has helped me tremendously is 'the daily trading coach' by Brett Steenbarger. Seroiusly I attribute a lot of my success this year to the information in that book. just go and look at my history the last couple months. I would actually recommend to stop trading completely until you start reading the book and implementing the ideas you learn.
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