3.23 Live Trading: Holy cow! Such a huge bowl of noodles, back to square one overnight.

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After working hard to earn a little money, I lost it all on an unexpected trade. Last Friday, I casually placed an order for Jiuzhou Group, and today I exited with a 14% loss, going back to square one overnight. I can’t play this market anymore. This morning, my account was in profit, but as soon as I adjusted my position, the profit disappeared. Then I had to pay a penalty. The cost of maintaining this position was too high. I sold in the morning and made a small profit, but then my position turned from profit to loss, and I cut my losses in the deep water zone—back to square one overnight! Every time my account gains about 6 points, it returns to zero. This has happened twice. I can’t blame the market; the market didn’t force me to buy or sell. When you take a hit, stand up straight. No complaints. [Taogu Ba]

I signed up for several live trading competitions to regroup and continue fighting. I hope to use these contests as an opportunity to strictly discipline myself and achieve a decent result.

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