Today is February 15th, 2012. My account is a whopping $6288.27

It has been quite some time since Ive posted. The reason being is that I severely messed up my trading account. My full position loading strategy worked perfectly, but then backfired on me to a large degree. I had turned my starting value of 65K into 396K by the middle of August 2011. I transfered out profits, leaving only 200K in the account to trade with. This is when things went downhill. The market resiliently went upwards, and I kept maintaining my shorts. My 200K turned into 160K, to 120K. I transferred my profits back into the account to have more leverage, and this hurt me even more, as the market grinded higher and higher. I lost all of my trading account. It has been the most psychologically devastating experience, to see these profits disappear. Combine that with another personal event in my life which I dont wish to disclose, and it was a nightmare of a time. Physically and mentally draining. I lost a lot of weight at the time.

I treated the giant profit as just a number on the screen, hoping I could keep increasing. Things fall just as fast as they go up, and this held true for my profits.

It is now Feb 2012, the market has continued its grind higher. Ive transferred some extra leverage into my account. Currently my account value is a whopping $6288.27. Im holding about 15K worth of put options on the nasdaq. The QQQ's are at $63.45, NQs are at 2584.  I have not let down. I have not given up. I am confident that I can recover all of my profits in due time. Once I do, I will need to re-adjust my strategy so as not to expose myself to so much risk. This market is a bitch and she will kill you, make no mistake.

I will occasionally post my research and positions here. I will not be posting everyday, since I do not have the capital anymore to day trade futures contracts. I just need my put options to gain in value and increase my leverage.

I am confident that the market is going to take a plunge very soon. All indicators, oscillators and readings are at extremes, and it is due for a pullback. (ES is at 1352 by the way).