I'm Sorry Guys

Summary

The Trading Farmer describes a serious trading-discipline failure, ending the day down about $4,300 after returning to trade following an initial $300 loss. He says the loss snowballed because he ignored his own rules—not because he planned an oversized position. He also lost money the previous Friday ($200 red). The month is now “decently red,” though he does not give an exact monthly total.

He reports being roughly $15,000 in drawdown, having made no money for two months, and having previously been “up 230” for the year; the unit is not specified. He cites total trading profits of $2.557 million, down from nearly $2.6 million, and estimates that about $2 million of those profits came from livestream trading.

Tickers and Instruments Mentioned

• SBET — one of the stocks he says he lost on.
• NVST — another stock he says he lost on; he describes it as high-float.
• He also describes a trade involving a high-priced stock but does not clearly identify the ticker.

Trading Framework and Intended Changes

• Reduce position size and prioritize boring, disciplined trading.
• Trade for only one or two hours—or about 60 minutes under the specific plan he discusses—then stop.
• Set and respect a maximum loss; do not resume trading after reaching it.
• Avoid trying to make money for the rest of the month and focus on rebuilding gradually.
• Consider making future livestreams members-only to help maintain focus, while remaining involved with the community.

Risks, Cautions, and Disclosures

He characterizes the losses as preventable and warns that breaking rules and continuing to trade after a loss can lead to a sharp drawdown. He expresses confidence in a future recovery but says rebuilding will take time.

No explicit “not financial advice” disclaimer appears in the subtitles.

Presenter/source: The Trading Farmer.