Two Steps Forward, One Step Back

The University of Options (UoO) Futures program has made the necessary tweaks to address the technical snags. For example, I left my NinjaTrader on simulation last night. Our “trader” was taking test trades to confirm that the “copy-trader” software was working correctly. With my $600 in “profits,” I can buy various “imaginary” things–nothing real.

Unfortunately, when the trading started this morning, the market was choppy. Our “guy” provided a review of today’s trading. Even the rewritten version can’t dilute his sincerity:

I know, I know—I can’t really blame the market for this mess. Last week was Labor Day, so the trading pain was predictable. But this week? Somehow it’s managed to be even worse. A short week combined with Non-Farm Payrolls—it’s like the universe decided to up the difficulty level just for kicks. Last night, as you might recall, I had 7 wins and one measly $12.50 loss. Normally, I’d tell you how rare it is for me to lose, but after Labor Day week, you’d probably laugh in disbelief. Honestly, I would too.

Take a look at the screenshot [not included] I’ve attached—it’s as grim as the other days we’ve been slogging through since last week. Nothing works in a choppy market like this, and I really shouldn’t be trading in these conditions.

For those of you who are new to this, what you’re seeing in the screenshot is a tight, range-bound day. And even when the market did trend, the wicks on each candle were way too long, meaning that even when it looked like we were heading in the right direction, the price was whipping around like a rollercoaster.

I admit it—I’m trying way too hard. And the more challenging the day, the harder I push the next. From where you’re sitting, you’re probably wondering (and maybe even doubting) if this whole thing is worth it. First, it was the tech issues, and now that those are sorted, it’s my trading that’s causing the stress. Let’s just say my palms are definitely a little too sweaty for comfort right now.

I think it’s best if we stay on SIM for a few more days so I can regain control and remind you why we started this journey in the first place. If you’re on SIM, I’ll be able to relax and not push as hard on these tough days.

If you’ve lost faith, I completely understand. But please remember, you can always ask for a refund—so why not give it a little more time? By the way, not a single person has asked for a refund yet, but I mention it because I know some of you might be considering it.

I hope you’ll stick with me, but if not, just let me know.

Of course, I am rooting for this program. I am choosing not to do five or ten Futures contracts. I am doing one at a time with a limited daily loss. I believe UoO is committed to this project. Selfishly, I want to get some of the summer’s losses back. The generous side of me wants every kink to be worked out and have it work effectively for everyone who signs up.

About Andy G

Semi-retired dad of 4 biological kids and many others kids. Eyes on eternity while enjoying the blessings this life has available.
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