CP,
right, then take those decades as investor. Don’t know why it was just 10+ today. Maybe my coffee here spoiled all over, lol. I will Dale blame for it if he gets back on Monday. LOL! I started around 20+, made some money, bought a car for it. Ha ha. Is it really that important if 10+ or 20+? As I said, I could do something 50+ years and could still be bad doing it. The point is: I have the feeling, you sometimes miss my point. I don’t know if that is because of a different “language” we use or culture, or whatever. As with the fear. I just tried to explain that there are healthy fears. Like what keep you off from jumping from bridges or walls something like that. So, 2011 now. I bought my dream car 1992. From my investments which started 2 years ago. Don’t ask me for counting the days please, lol! Could be 1.5 years or 2.5 ha ha. You see how ridiculous that is to count those years? If it’s 19.99 years than its NOT decades and if it’s 20 years, yea then it is. Why do you look for those unimportant things? I mean, to be precise is something which is important at the job or if I make plans, but we are here at an internet forum and that’s a little entertaining and we can share some info, but it’s not like writing a book regarding age statistics, lol. Can you get my point?
Plus it doesn’t matter if you believe if somebody would do it say 20 years and still be bad or not. That was just a general saying. You could start then and ask how many stages of bad or good are there and come to the conclusion that there is no clear line where it is good above and bad below. That’s also an individual, highly subjective point. Most people think of themselfes they are good in what they do. Even some think blowing accounts is a good thing. ROFLMAO! Can you get my point?
I’m not worrying. I just try to write what I think, based on what I observe. That’s part of communication. What you or anybody else is doing then is your own responsibility. And it has not all to do with you. If I remember correctly, you entered this thread rather late. There were some followers here before. Some of them are for sure copycats. Look around and you can find evidence enough. And then if you for yourself believe a blown account is not that bad, it leaves room for the assumption, that you copied that from somebody else. If that assumption is right or not is not that important, is it? I know that you already also migrated some of ict’s speech. Like those snipers, etc. There are also other examples. I’d be careful to take words from somebody like that.
If I tell somebody something, I say that he is better doing in thinking it through and not just believing what I tell. I can tell a lot. It’s just my own perspective.
I do not think anything about your blown accounts other than that what I wrote. You seem still to have a psycho problem with it, defending it. While arguing now you are fine. I do not say you should always now stay in depressive status, lol. Just, I do not think you are already over it. If so, you wouldn’t defend it. Take for example Dale. I guess he said he also blew accounts. And he is not defending it while saying now he is fine. He can just accept it that he made this mistake and he is over it. He accepts the fact that blowing accounts is a bad thing. And to say it doesn’t matter if at least you get your million or whatever it is, is bad bad advice. It’s like saying: Okay folks, today we open a new airline. Lets call it Disaster Airlines. We have a destination. But to improve our trip, you will be carried by a pilot who thinks it’s not bad to ground a plane once in a while. If, at least, he gets to the destination faster. And without repeating a nick name, I find it bad advice as well to use bold words and implant some wishful thinking in students. For 5 years I was a teacher and I know what teaching this is doing with those students. If you want to do something good for yourself, get over it. You blew accounts. You WERE a bad trader. If you can recognize this and only then, you can close that chapter and become a good trader, where you avoid under all circumstances to blow your cash cow. Please take this as honest advice from a friendly person. Not nice, but friendly. Some things are not nice. Like blown accounts. But you must speak over it and you must accept that you made something wrong. If somebody is coming and says: Ah, no problem, you can make it later. No matter if you blew your account. That is very bad advice! And I assure you, every pro trader/investor/pilot/etc. backs that what I say here!
Sure I wish you the same! Get your million, LOL! Or whatever you want! Just believe me that it’s not that easy as somebody might say. You will have hard times. You had already hard times. Those times will come back, if you don’t learn to control your risk. I made also some nice profits today, but it’s just today. What is on Monday or Tuesday, etc. is another thing. You get the big picture. Save your capital, cut your risk! If not, you will find yourself back in blown accounts earlier than you would imagine. Maybe not now. Maybe it goes for a while. Depending on luck that can go for months or years. But in the end those survive who can control risk. Those who just look for the money have a very high risk to become poor. They will lose everything. Their capital and at least their hope and their visions. Don’t let that come to you and PLEASE do not say now this can’t become true! Get over your blown account problem. That’s what I guess is most important right now to you. Much more important than to count your pips.
I never had such problems, because I knew from the beginning I will play safe. I don’t start things which I can’t control. Particular in investments. To me, a margin call would already be a night mare. Because that’s evidence I lost my control. Because my broker would take over.
So, take it just as lesson what I wrote. Think about it. No offending intended. I just tell you how it is. I do not tell it’s nice to have an issue, but you can come over it. IF you start accepting that you are NOT over it right now.
Cubanpip, as I said, I hope you feel not bad now, because I wrote this. It’s really just to help you a bit not to fall for bad advice from others. It seems you found your own way, at least in parts. Try to build up more on that than just blindly (more or less) follow somebody with bad advice (in parts). I wish even more (beside all the nice pips), that you can understand what I wrote here and that you can get over it.
Dale, sorry for that mega post. I however don’t compete to yours, lol.