Quote:
Originally Posted by TMoneyBags
Hello Guys, I have been away on vacation for the past month spending time with my family and preparing my self mentally for the coming months.
As a result, I have opened a 50k Account the money that is left from the previous account will be ran as an auto-mated acc. I was not discouraged by the turn of events which occurred in may. Even though we did go back to 10k, we where still over 100% return of the starting balance in April. Because of this, I am encouraged by the results and will be beginning my project....
To clarify after an overview of my trading throughout July, I will be depositing an addition 50k to the new account if our results stay consistent and positive. This in the end will lead towards my ultimate goal in turning it into an even greater account and depositing the "true" funds which ### i can not share with you at the moment.
All in all thank you for keeping this thread alive, and congratulations to all of you who have been able to learn from this system and become better traders... if not more aware of the market actions  .
Trading Begins 6/29 London Open
Best Regards,
-Luis |
Hey Luis,
Do you really think it's a good idea to open a 50K account only a little over one month after you allowed yourself to lose more than half your account in one trade? Obviously you're still vulnerable to emotions, maybe you should trade what's in your account and see if you can go 6 months or a year without letting your emotions get the best of you before depositing a large amount of money.
If you're anything like me (which perhaps you're nothing like me, who knows
) it could be those same emotions are subconsciously saying "Dude, drop 50K in that account, you can make the 14K you lost last month back in no time if you increase your account size!".
I don't know, just my two cents. If you got the skillz, take it easy and hone them, you don't need to be a millionaire by the end of the year.