Zappy Jones

Hey yall, Ive had a stellar year since I went full time trading in March. I started with 35k and built it up to 200k last week. I only trade AMD as thats what I found I am best with during my year of simulator. However, i caught wind of that Figma IPO and thought id dabble since id been doing so well. I made a quick 65k on that and my head just ballooned, i was like im so close to 300k this is amazing, my goal for the year was 120k, so i was well passed that but my ego and greed got me. I took another figma and rode that all the down to a 130k loss. It was stupid ive never traded an ipo and was a deer in the headlights watching movement go down so fast. So, now here i am, still above my yearly goal but that loss is devastating. I realize it is a great learning opportunity for me, on my risk management, not sticking to my strat, not sticking to AMD, etc. But im looking for help with my mental on this. I feel a heavy depression and just the words, your a stupid loser that just lost months of work in one single trade, on repeat in my head. Even though im technically still meeting my goal and doing far better than i imagined my first year, i still dont know how to shake this loss. Im back trading AMD and working my strat, journaled my lessons and all but im struggling to shake this and can see it making my trading more timid now. How do I get this loss out of my head? Its eating me alive. Thanks for any advice.

Thank you PeterB. I will check it out. @peterB That link was just what I needed. Thanks again for hooking me up!

Hey BBT fam. Might be my first post in the forums. Basically I'm wondering about the IBKR Fee setup. I just went live a couple of months ago and now that I'm in the swing of my tradebook I'm looking at my commission set up. I am still trading small volume. 100-500 shares per trade usually. Risking $50-$100 per trade. I take around 10-20 trades per day. I am currently using fixed commission and I see that when I over trade it hits me pretty good. I'm wondering if I should switch to tiered or if tiered is for when I get to trading large volumes of shares like 1000s per trade? Any advice is much appreciated! Thank You,