Jump to content

Carlos G.

Lifetime Members
  • Content Count

    11
  • Joined

  • Last visited

  • Days Won

    2

Posts posted by Carlos G.


  1. I've been there, Fernando.  I know the pain of a big loss.  My first live day, I completely broke every rule imaginable.  I traded the entire day (something I never did in the sim) and ended up losing $3,400!  Yes, you read that correctly.  To add salt to the wound,  I was on track to get my account into the green, but held on to a loser and gave most of my winnings back.  It sucks, but I haven't thrown in the towel because I know I can do this.   Don't let it keep you down.  Now, most of my days are green.  As long as I keep my red days small, I'll be alright.   You will too. 

    • Like 2

  2. I just saw the results video and noticed quite a few people with some massive gains.  Congrats to those traders, but I have a few observations.  Some people appear to have traded risky low floats to get to the top spot with little regard for protecting their account.  The results reminded me of how I traded in the sim.  I had some big days as well, but that didn't necessarily carry over when I started trading live.   There's no way that I would use 100% of my BP on a low float stock for the slim chance of hitting it big.   How many could really stomach a -$10k swing?  Correct me if I'm wrong, but I don't think the PDT rule was active for traders who dipped below $25k in the challenge (at least not the entire contest).  I think there needs to be more risk involved.  I suggest making the challenge as real as possible.  Start with $30k ($5k cushion), and if you drop below $25k, then you're out (PDT rule) unless you have an open position that brings you back above $25k.   I know what it's like to drop below $25k in a real account and I definitely wasn't up for taking huge risks when I was sitting on the edge of being locked out again.  I know it's hard for the sim to capture how to feels to trade a live account, but we should strive to make the contest as accurate as possible.   Your future live account will thank you for it. 

    image.thumb.png.869653846fd83daa6530ef9faf480ad4.png


  3. Hey everyone, I'm Carlos G. I've been a member for a few weeks now and I love it! I served in the Marine Corps, worked on helicopters afterwards, and now I'm a senior pursuing a degree in mechanical engineering. I've been a NASA Pathways Intern at the Johnson Space Center for the last few years, and I don't plan on giving up my career anytime soon. However, I really enjoy day trading and hope to supplement my income knocking out a few trades in the morning before work. I'm currently saving up $25k to get past the PDT rule, so I'll be in the sim until then! Good thing, too. I probably would have lost all of my money by now. lol, I'm getting better though! I hope to go live by the end of the year. ; )

    • Like 4

  4. Great setup, everyone! I custom-built my PC for gaming, picture/video editing, and engineering. Turns out it also kicks ass as a day trading station!

    img%5D

    img%5D

     

     

     

    ASUS Maximus VIII hero Alpha motherboard

    Intel i7 6700k 4.0 GHz processor Overclocked to 4.6 GHz

    EVGA GeForce GTX 1080 FTW Graphics Card

    16GB Corsair Dominator Platinum DDR4 DRAM 3200MHz

    2 x 256 gb SSD, 1TB HDD, 3TB HDD

    Blu-Ray drive

    Corsair H115i liquid CPU cooler

    EVGA 850W G2L PSU

    3 x Corsair ML140 140mm LED fans

    1 x Corsair ML120 120mm LED fan

    Corsair 760T full tower with 2 x front 140mm LED fans

    Corsair Strafe RGB keyboard

    Corsair M65 Pro RGB mouse

    LG 34" curved 21:9 ultrawide 3440x1440 monitor

    • Like 1
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.