This is just a rant that I'm just gonna go on. Don't take anything personally, but I need to record how I'm feeling. Anyone else feels the same as me. Let me know.
I have failed you Mr. Sykes. I don't know if I'm cut out to do this trading stuff. I thought I had it.. October. 11/23 trades were winners. Profiting, finally... Then November. 2/23 are winners. But those winners were scratch trades. So it's really like 0/23 are winners.
I've lost 7000 dollars... More than 1/2 of my account since the start. This game is seriously tearing me apart.
All I wanted to do was to get good at trading because I thought I could not just make some cash, but to learn about this strategy which I know works. I wanted to tell this story. Possibly make a film about it.
You wanted honesty. Well. This is me being brutally honest with myself. I cannot keep losing cash. I need to cut losses at some point.
Soo fucking frustrating.. I don't care about losing the cash now. I more care about winning at least 1 fucking trade. I wait for a setup. I try it. I let my emotions get the best of me. I fear to much. Now it just gets worse and worse.
My birthday last year I lost 1000.
This thanksgivings, I'm down another 1400 for the month and a ridiculous 0/23 record. Someone try to beat that!
I'm gonna take a break and come back in December. Perhaps it's just God just slapping me down hard giving me the fucking finger to trading and shoving it up my ass so when I push the buy or sell buttons I make sure it buys on a spike and shits sell on the panic.
AHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!
BTW My documentary (www.eclipsechasing.com) that I directed that I thought was gonna be awesome and threw my fucking savings into. Turns out no one fucking cared about it either. Not even people in the eclipse community. Just the few. It's always just a fucking few people that gives a rats ass about you in this life. Some hard lessons as an early 30's person.
I also live and work as a fucking freelancer in Beijing. I get jobs left and right. A fucking dream job for most people. I travel the fucking world. Yet I still feel empty and lonely inside. When I was younger I figured getting good at shit was the way I can get attention from my peers. Turns out that getting good at shit made me just get more alienated from everyone else. Story of my life.
Now stocks... I felt I was learning something. Getting good at it. Then getting fucking everyone telling me it's fucking gambling, you can't be a day-trader. I wanted to prove them all so wrong. Show them that this guy Tim Sykes did it and so can I. Now I failed. It sucks.
My parents blew up their accounts during the dot-com time. Went all-in, used credit cards to fund their account and never cut their losses.
Yep. I saw them crash and burn. Over 1/2 million in credit card debt. Then creditors started calling. I had to watch this and lie to people on the phone so that we could protect the family. Now I feel like I'm following in their footsteps.
So WHyyyyyyY! Why do I fucking trade? I do it to bring honor. To my family and to Tim because I know he probably felt the same in high school when people didn't give a fuck about him as he got good with his trading... missing out on his friends' parties, his own hs graduations...
But it's frustrating when you get slapped 23 fucking times in a row for a fucking month by the market!
Anyways. If you have read this far. I honestly don't know what to do with myself. I know I haven't blown up my account. I have a sizable amount. I could take a long walk. Be grateful for thanksgivings, pray to Jesus. Pick myself up and try again.
I just write this because I need to journal my feelings and fucking emotions. I won't quit. But I so damn feel like I wanna quit.
To GKOPENA, SUNSEEKER. You guys have been great so far. thank you for your conversations. I feel a little better.
And Fuck. This is probably more embarrassing than posting my losses online.
Tim you want transparency. I'll give it to you because I believe in it.
Happy Thanksgivings all. I hope this article helps someone. I don't know. Maybe you guys all think i'm crazy now.
New trader here and thanks for expressing and sharing your exp so far with trading. I love how you're still not quitting on this day trading gig! Love the community so far in this. I'll def check out your videos and your adventure to success!
Hey man. I really appreciate the honesty in this post. I'm also a new trader and it has been pretty tough for me to make gains as well. I also started out as a TimSykes silver subscriber. I watched a few of his videos, and I subscribed to his chat room for 2 months. I found it hard to get good entries into a lot of the stocks posted in the chat room, because, by the time the plays were posted, those stocks were already spiking. So doing your own DD is crucial for success,or you'll end up being a
..bag holder for traders who got in early. I'm not knocking Tim's services, though. He does a great job laying down the foundation for beginners, and he stresses on us to adhere to very important trading principles (cutting losses early, etc). Still, there are many other helpful resources you can use: investorshub, equityfeed.com, investorsunderground, etc.
Don't get discouraged. I was down $6K and took the time to study and paper trade. Find a strategy that worked and then it all clicked. Keep plugging away and it will get better.
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