Couple of notes on the forum. We have added a swing trade section in the education section for our members. I will post there regarding market reviews and trade ideas for the coming week. I have also posted my Dec 2 on youtube - this is currently up now. This will become a regular posting on the weekend and I will add posts during the week if opportunities pop up. Right now I am looking for a bounce in oil, continued strength to carry over from the previous week in techs and maybe even some moves back up in pot stocks like CGC. Stay tuned for more to come.

Hi Romeo, Thanks so much for thinking of making this video I truly believe it will be helpful to members. Depending on the software you are using you can have the features to block your account number. What software are you using to record? Here is my recommendation: 1. You can hit the Status Bar by going to Tools and Uncheck Status Bar. This will hide your account number from the status bar 2. You can also hide the account number from the montage by right click on the montage and the layout config. In the layout config remove the Trade from the right column. This will hide the account number and the rest of the trade options. Once you finish the recording you can bring it back. Worse case you can send me the video and I can use Camtasia to block your account number. Feel free to email me with any questions. [email protected] Thanks. Carlos.

Hi, For whats it worth, my going live experience. I've been in SIM since March 15. I work a full time job, so I took extra time to feel ready. Last month or two in the SIM were fantastic, probably upwards of 70% win rate. I was aware emotion was the big differentiator, but as much as you try and prepare yourself for that, you can't train emotion without trading real money. I went live in mid Sept. On the first two trade days, I had moderate wins around $100. Hey, this is easy, on my way to traveling the world in my private jet! 🙂 On the third trading day, I lost around $400 and on the fourth trading day I lost over $500 (trying to get the $400 back). I have no problem sticking to my stops, those losses weren't that kind of a problem. they were emotional (Hulk, revenge, over-trading etc). I stepped back, significantly reduced my position size, and instituted some live trading rules. Maximum trade limits, time of day and the best thing I did was eliminate my $goal (Too much pressure, green is good!). I don't have DAS enforced rules, I know I can control my discipline enough not to need that. Everyone is different so I think we all need to find what works for us. I played around somewhat through the rest of Sept, but I was so emotionally damaged over those losses (not that it was a lot of money, but due to the shake in confidence) that I couldn't trade effectively. I refused to go back into SIM, because for me, the challenge was obviously overcoming the emotional aspect of trading. I "started over" not trading in the first week of Nov, moving my account from CMEG to IB, and zeroing out my equity curve (starting fresh). That really helped because it got that loss out of my mind. The move to IB was also a game changer. VERY difficult with a CMEG small account and 2.95 commissions to be successful starting out, because you need to keep your position size small to gain confidence. I'm sure it can be done, but those commissions tend to have a way to sneak into your math head when you are calculating how much you need to make on 50 shares to make $20 AND cover nearly $6 dollars commissions (remember you pay when you go in, and when you come out!). In my first week and half back, starting 6-Nov to 13-Nov, my zeroed equity curve dropped another -$670. 😐 Since 13-Nov I have pulled my equity back up to -$568. It doesn't seem like much but I can feel my confidence growing. My win ratio is 73 wins and 74 losses for the month. I had an $85 dollar loss on NVDA on the 27-Nov that was a result of an order error on my part, but apart from that, since 13-Nov my biggest daily loss was $47. My wins are small, cause I NEED to take profit too soon; working on that (Hide the P&L and make the trade, have a stop, and a target, and stick to it). The other problem for me is to stop trading when I am green. Generally when I did take just "one more trade" that's when my profit for the day disappeared. I do that now by just taking the trade in SIM, to test my theory (Funny how they always win!). My current rules are simple, not a big list, but its working for me. I have learned over the years to keep it simple. keep the position size SMALL (for now). the goal for the day is to be green. Don't speculate, look for a setup. However, I will play a feeling, but with a pretty tight stop. Three losing trades in a row and call it. And generally three winners call it. And above all else, never, ever, look at your P&L. As Andrew has said, and most other you-tubers that matter, make the trade. If you do that, the money will come. I do peak at my net when I am not in a trade, and use that to decide if I want to take another trade, or if I am good for the day. But generally, if I have 4 or 5 trades under my belt, I will stop, win or lose. I think Andrew knows this, or why wouldn't he just keep trying to recover from a -$300 dollar loss. We have all seen him do it. The only other thing I do most days is turn off chat at 9:30 est. I do find myself occasionally influenced by those chat notifications, and quite often, they don't work out when I hop on the train. Lastly, a rant: traded AMD every day this week, and took a little loss on it every day. Piece of Garbage! It's a tough market right now, so I think its a great time to learn. Cheers Garry