Due to income tax reasons I probably will not trade anymore for the rest of the year though might pop my head in chat from time to time.
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Took some time off from trading due to market environment and what not but will be back in the chat eventually after many months away
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Taking almost all of my $$ out of my account as I realise that between Etrade issues and my absolute horrendous trading that I need to stop trading real $$$ and start paper trading and a lot more studying on the nasdaq plays as my dip buy scalp strategy just doesn't work. Lost around $6k today and am not happy at all. Maybe some dip buy penny stocks however ill try in my new Td account to see if they're any better but that's it. I'm an addict right now who needs a healthy dose of rehab before I blow up like on $INCC. Will be in the challenge chat and good luck to all!
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Chevon May 24, 21 10:11 PM
Thank you for being transparent. Losses like that are by no means easy but learning from them is the point. Downsizing and re-focusing is probably a wise idea.
Quickbags Jul 17, 21 9:30 AM
Thanks for sharing this Kyle, it takes a lot out of a person to do so. Hope you have a quick recovery and can get back on your feet
BillDubois Nov 29, 21 3:12 AM
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Brandonian Jun 05, 23 4:04 PM
the pain of size, not cutting losses quick, avging down. reason for my two biggest losses in may. glad you have this lesson
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@Natureboy55 Decided to take the gamble and see if I can push it for year end need to make around 4k+ to justify the extra tax
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