Posted by rollerblader on 16th of Mar 2020 at 02:11 pm
I hear you ssaffer. Mid to late 90's in my early 30's I
started day trading, no charts at the time just following ticker
tape and trying to play swing trades. By early 2001 or so I was
forced to claim bankruptcy. Mostly due to my inexperience and
thinking the market was easy. It was a tough pill to swallow and
admit that I got beat. Now I'm a little more seasoned and in some
instances very fearful of pulling the trigger on some trades. The
only funny side of claiming bankcruptcy was the banckruptcy
lawyer asking what I owed. When I told him he laughed and said
"that's nothing, I have people owing a few million" My response
"should I wait?" Unfortunately I wasn't able to get more credit to
get close to his number lol. All the best to everyone on this
site and hoping this virus is a past sooner rather than later.
Thanks for sharing you story. Most times we just see the
wins people celebrate but no one gets there without some sort of
failures (they only way you learn). My biggest hurdle was
money management and trade size in different markets.
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I hear you ssaffer. Mid
I also want to say that I first started trading ...
Posted by rollerblader on 16th of Mar 2020 at 02:11 pm
I hear you ssaffer. Mid to late 90's in my early 30's I started day trading, no charts at the time just following ticker tape and trying to play swing trades. By early 2001 or so I was forced to claim bankruptcy. Mostly due to my inexperience and thinking the market was easy. It was a tough pill to swallow and admit that I got beat. Now I'm a little more seasoned and in some instances very fearful of pulling the trigger on some trades. The only funny side of claiming bankcruptcy was the banckruptcy lawyer asking what I owed. When I told him he laughed and said "that's nothing, I have people owing a few million" My response "should I wait?" Unfortunately I wasn't able to get more credit to get close to his number lol. All the best to everyone on this site and hoping this virus is a past sooner rather than later.
Thanks for sharing you story.
Posted by ssaffer on 16th of Mar 2020 at 02:29 pm
Thanks for sharing you story. Most times we just see the wins people celebrate but no one gets there without some sort of failures (they only way you learn). My biggest hurdle was money management and trade size in different markets.