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Showing content with the highest reputation on 11/28/2022 in all areas

  1. 1 point
    Hey everybody, Today is quite an important day for me. I've finally managed to get back to break even after being in the red for 4 and a half years since I started day trading. I'll be honest, I was starting to doubt my ability to ever become a profitable trader at the end of 2020, and I thought about quitting. Investing so much time and effort for years, only to see money disappearing from your account is very hard on morale, of course. One thing that kept me going was the fact that, even though my account wasn't getting better, I felt like I was always making a little progress on both the technical side and the psychological side. I figured if I kept going, one day, I would finally turn the corner. Well, I turned that corner at the end of 2020, when I changed my approach, strategy and tools all at the same time. It took me 4 years to lose 25000$, and only 6 months to make it back. And frankly, I'm pretty excited to see what the next couple of years will look like as I'm only starting to ramp up my size. I wanted to share this with you guys because this chatroom is one of the reasons why I was able to make it work for me, and I figured it could help motivate and inspire anyone that is still struggling to find their marks and make it work for themselves. As you can see from my total realized P&L of the last 4.5 years, I had a pretty long and difficult journey. I just wanted to say this: As long as you feel that you're progressing at least a little, and if you like what you are doing, make sure that you give yourself the time and the tools to keep going because you never know when you'll be turning that corner. I surely didn't expect it, not more than a year ago I was about to call it quit, and it would have been a monumental mistake. Let this be an inspiration for those still struggling.
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