Sparrow,
Thanks for the article, it was refreshing!
I can certainly relate to this passage...
"If you have been day trading more than a few weeks, I am sure you have experienced that one, terrible day where you look back and ask yourself, “Why didn’t I stop trading after I was down X amount of dollars?†or “I cannot believe I made $500 each day the last three days only to lose $2,500 today because I could not walk away.â€
I can remember one week I was up about $4,600 by Friday afternoon on the week. By the time the closing bell rang I closed the week out down nearly $5,000 (total losses near 10,000)! That was the single worst day I have ever had trading. I was really undisciplined and arrogant back then
It's all a trial by fire though. Some people just get burned more than others on the way to the top!