Loading ...CONFESSIONS OF A TERRIBLE DAY TRADER
I just closed all my trading accounts.
I am not a good trader…day week month year
Been trying for years and have never made any money net net and never will
Today seals the deal
I am too emotional …Trading requires discipline..NOT for me…But I am an idiot because it took 25 years to figure this out.
Good luck to all of you who CAN trade…especially in these wild senseless markets
I know your pain, like feeding the cat his treats every day, one by one and the jar is suddenly empty. Glad you have awakened, life is too short, nature is priceless.
I don’t blame you. There is not a clear trend in the metals, and probably won’t be for at least another 6-12 months. It’s no use being a hero here.
And the Fed can literally send bond yields crashing and stocks soaring with a word.
My investment thesis was that the Fed would never be able to raise interest rates or do QT, or if they did the markets would collapse. Well they have proven me wrong on both accounts. (While the US stock market is down, we haven’t seen anything like 2008 or 1929, yet.) When your investment thesis fails, its usually a good idea to just get out and reevaluate.