Well the London session today felt like a meat grinder. What started off like a trend day (down) turned out to be pretty choppy and rangey. My first trade was a great entry. Shot my direction, I was licking my chops preparing for a quick profit taking then I got blue balls. It shot right back up and into a sideways bullshit ranging crap for a good 30 minutes. I still liked my entry and stuck with it. I got another nice leg down and it literally was 0.1 pips away from my target. So once I saw a few bars against me and more choppy sideways nonsense, I exited for a +3.3 pip gain. Had profit set at +8 pips.
Next trade was again a pretty good entry (and by that I mean it has some good movement in my direction relatively quickly after entering – so maybe good timing is a better way to put it). Price grinded down in my favor for the better half of 20 minutes before deciding to violently reverse. Alright, no problem shit happens, I manually exited before it hit my full stop loss. -3.5 pips.
Last trade in London was more of the same. I was getting good entries but either my profits were not being hit or I’d get chopped up a bit before the move. Another -3.5 pip loss on reduced size (I reduced as I wasn’t so sure about the trend anymore but still wanted to get in should it resume).
I sensed my frustration after dropping some choice adult words at my monitor and quit for the time being.
But wait, what is this? Yes, it is the USD/JPY chart. I went and had diner and read some articles online. I wanted to take a peek and see what kind of movement we were getting. And although I mainly trade the EUR/USD, I saw some nice movement here (they are almost perfectly negatively correlated, but the USD/JPY tonight showed me some more volatility). So I was looking for an entry short.
Missed the first entry shittin’ around debating whether I should take it or not. I should’ve as it was a nice quick profit. So next pullback I wanted in. Entered, got a little bit of sideways movement and a slick and quick rip down. I had my original target set at 10 pips but it was just moving so nicely that I tried moving my target down to capture more of it. I couldn’t move it down fast enough as it hit at +13 pips. No complaints
Biggest takeaway from today – If I see something that pops out at me, don’t hesitate. I am glad I stayed disciplined in the London session as well, calling it quits after getting chopped up.
I think trading live is actually helpful in a sense. If I was on the simulator I would’ve just cranked it up to 5 lots and taken whatever trade just to make my simulated P/L sheet look cool at the end of the week. Trading with live money keeps me from doing that kind of nonsense and sticking to the plan.
Here are my trades for Thursday, Jan 26th. Saw some nice downward momentum right before the London open. With what seemed like lower highs forming, I was looking to go short at the first sign of any weakness. First trade moved up, slowed down, consolidated and I took a break of the low. Went for me about a pip or so before going back and breaking out the top. I closed it before it could hit my full stop, -5 pips. Guess I will have to put that Lambo on hold.
Next trade, same setup. It rose again slowly, consolidated, and I took the break of it lower. Same thing, went for me about 2 pips, went sideways for 2 minutes and reversed back into the original consolidation. I was willing to let this one ride as I felt the upward momentum was done with. Wrong. Shot up quickly to meet my stop and then fell back down. It literally tapped my stop and went back down. If it wouldn’t have hit my stop and I help it through the next 20-30 minutes, I was in the big move I was looking for. You can see the right edge of the screen it ended up dropping about 35 pips there.
So right idea, wrong timing. And that is OK. It goes both ways in trading. Sometimes price will go against me, miss my stop by 1 pip and sharply reverse giving me my profit. Sometimes it goes up and stops me out. It’s the name of the game. Just because a baseball player hit a sharp line drive and Derek Jeter made a diving, once in a lifetime catch, doesn’t mean that I shouldn’t keep trying to hit line drives for doubles. Same story here.
I have to admit, the losses don’t sting as much as they used to. I’m looking forward to being as transparent as possible here because it really helps me out with my frustrations and ego.
Only bad thing is, I gotta wait longer now to live that rap video style life I had been hoping for. Guess trading 1 mini lot and not winning every single trade might take me a while to get there. That’s alright. Dolla bills and golden grills comin’ up.
So I actually traded 2 sessions on Wednesday, Jan 5th. I worked during the London session, so decided I would take a peek during Tokyo drift hours. Remember, Bow Wow was in that movie? It actually wasn’t a bad F&F movie, I preferred it over 2.
First trade in the Tokyo session. Volatility started to pick up and we saw nice momentum to the downside. Was looking to get in on the next pop downwards. Was entered in on the next pop down but stalled pretty quickly. Was willing to give it another chance to move down. It did but not much to do with this as price just shot back up against me pretty quickly. Closed out for -4 pips.
But wait, there’s more! So after work, I got back home in time for the overlap session (London/NYC) and volatility and movement was pretty good.
Had some strong downward momentum all day long so was looking at an opportunity to go short. First one came and after getting triggered in, almost immediately shot down in my favor. Such a good feeling – kind of like hitting a home run in baseball or a beautiful drive off the tee. When you click the mouse it just feels right.
I had an original 8 pip target but selling momentum was so strong that I moved my target down to 12 pips and trailed my stop down. I told my self the first sign of hesitation after 8 pips I will close it. So about 10 pips down I got 2 small sideways bars and closed it out. Left about another 6 pips on the table but no sweat. I was happy for the extra 2 pips.
Second trade – wowzers. So I’ve been keeping my trading risk to a minimum (like .05% of my capital) per trade as to get used to using real money so I have been usually risking about 1 mini lot and will raise it when I am making money consistently. So this time, I wanted to risk 8 micro lots but instead entered 8 mini lots. Big difference. We’re talking a decimal place. Well alright, it’s not huge money to begin with but anyway….
After entering and price went my way about 4 pips, I looked at the account summary box. What the shit? There’s an extra decimal place in there. Luckily, I was in the money and closed out immediately for +4.5 pips. Nice surprise I suppose, but don’t want to make that mistake again.
Good thing I closed it out immediately too because it ended up coming back. I still felt selling momentum was winning so entered in on my 4th trade of the day. This time I was going to keep a really tight leash on it as I felt a potential range or uptrend was developing. So after entry, price went back into the consolidation. It kind of meandered around for a few minutes and I didn’t like that selling pressure wasn’t coming back in. So I moved my target to break even and exited there. Lucky for me as soon after I exited, price shot up.
Good day overall. Can’t complain. Little by little progress every day. Slow and steady.
Pretty soon I’ll be in my banana hammock trading with my tethered laptop on a sunny beach in Mexico driving around Porsches and Lambos with my diamond encrusted watches and Moet bottles. I’ve always wanted to be in a rap video. I guess this trading thing is my one way ticket to it, playa.
Here’s my chart for January 24th. There was a big news event regarding the court ruling on Brexit so I wasn’t sure how to play it when it came to trading. So I sat patiently and took 1 trade. I was expecting some wonky movements and hesitated taking a few of the entries, but it wasn’t too big of a deal. Looking back there were a few trades that I am thinking damn, why didn’t I take them? But, can’t be doing that shite, it’s bush league and only pussies talk about shoulda woulda couldas. Be a boss hog.
I went live for the first time day trading on Monday, Jan 23rd 2017. As I have mentioned earlier, I have been trading the EUR/USD spot forex on the 1 minute chart. I use MT4 for charting and entries/exits.
Just a quick summary of how I got to this point. Back in about July of 2016 I had started really reading and researching a lot on trading as a full time endeavor. Up until that point I had invested in a few stocks for long term holds with good success. I bought a few large caps back in late 2009 when the market started bouncing back and they only went up from there. Most doubled or tripled in 2016 and I sold them as they were pretty stagnant for the past year.
So, with my earnings, I wanted to get into more active swing trading. I was on Youtube and came across a really cool channel called “Chat with Traders.”
Basically the host interviews a bunch of “successful” traders and asks them about their stories of how they came to be traders, their methodologies, advice to newer traders and so on. I don’t really listen to the channel as much as I used to as I feel he uploads too many these days. Whereas it used to be (I think) weekly or even longer and I’d look forward to the next, it seems now he has gone down the path of gaining as much revenue from ads and sponsors as he can, so the more frequent uploads, the more revenue.
Anywho, a lot of them were really cool to listen to and they are pretty motivating for you to really put the time and effort into trading as a business. So I went online afterwards, bought a few books, went on a few forums, watched some videos and decided I was ready to throw down some real capital after about a month. Basically I made entries on every type of entry you could fathom, testing them out but with real money. The simulator is for pussies (I thought). Triangles, pullbacks, double tops, etc. you name it, I tried it. I did keep risk to 1% of capital and seeing where the trade would take me. I was met with mixed success being about break even after a month or two, but thank the heavens, I was strict with my stop losses. I realized I don’t really know what I’m doing and I am just sitting at my computer everyday just hoping my stocks do what I want them to. So I gave it a rest for a few weeks, closed out all positions as I retreated and hit the books once again.
Reading more and more, I came across a few articles on forex and futures which mentioned the pros over trading equities (especially for day trading). And I have always been interested in day trading as well but never considered it as I was well short of the $25,000 (and more like $30-$35,000 to trade effectively) needed to get around the PDT rule. So I looked into day trading futures and forex. Basically, for forex you could start off with $500 (I’d recommend at least $1000) and futures probably around $4000 or so. So why not give it a shot?
After perusing through the forums over at futures.io, I came across a trading style that many on their seemed to gush over. It is a price action system based on a trader that goes by the name “Mack.” (http://priceactiontradingsystem.com/pats-price-action-trading-manual/). So with so many people praising it, I decided I would give it a shot. (And I will do a separate post on his trading methods on another day, along with my opinions it and takeaways). But basically, it wasn’t for me. I spent some time then following a trader by the name “Vince Virgil,” who is a trader that based his own style off of Mack. He seemed to have really great success judging by the charts he posted daily. And I found the way he traded to be a bit more suited for my tastes. So this time, I put in a few months on the simulator using Ninjatrader trading the ES future. I didn’t want to get into the deep end going straight to live yet and thankfully so. It was a good experience and put me in the right direction for where I ended up today. Needless to say, I gave up trying to mimic their styles and took what I could from their strategies and moved on. What next?
Fast forward a few months, and a few other systems, and I came across this video. I have been following Cory (the guy who made this video) now for about 6 months. He is probably the most genuine guy I have met in the trading sphere. Most guys I e-mail after purchasing their books or systems, usually revert me to a link or give me a short grumpy old man type of response like “well you gotta keep at it on the simulator and be disciplined…bahhh bah.” But Cory always gave detailed and insightful answers to my questions. And he has the patience of a Buddhist monk because I have probably e-mailed the poor guy over 100 times in the past year with questions he definitely gets on a regular basis. Very chill guy.
I had given his eBook a read as well as purchased his swing trading course. Recommend both to traders out there as he also offers your money back should you feel it was a waste of your time. Of course neither is the be all end all, but the materials he provides is well worth the time and money.
So I watched and re-watched this video he made probably a half dozen times. He has a few others on trading the forex on the 1 minute chart that I had also watched in the past but nothing that really made me think, ok, I got it. After piecing together his other videos and a few bits and pieces from other traders, it kind of hit me like, whoa. This makes total sense and no reason why trading like this wouldn’t work. No fluff, no fancy indicators, no vague conditional answers that can go either way (*cough Al Brooks, cough*) and best of all honest truths like “ok, this was a good entry, but you would’ve gotten stopped out, and that is OK.” Realizing and understanding it’s ok to have losing trades and going with what you have after you entered the trade is the best we can do. It’s all based on feel and experience and making the most of what is in front of you and being patient. Entering a trade because strategy A from super-trader Bob says it works and then sitting and hoping for a unicorn +80 pip run up is bush league stuff. You have to take control of your own trading.
I think this video pretty much sums up the way I have been trading successfully on the simulator now for the past few weeks. I used to find trading on the 1 minute chart filled with a lot of noise and wonky movements. But then I found that I wasn’t getting enough trades on a 5 minute chart. I didn’t want to compromise. So once I learned to filter through those noisy moves and really see the main price waves, my whole trading outlook shifted on the 1 minute time frame.
Now of course I’m not saying I win every single trade, more like 50-70% (a lot are washes or +1 or 2 pip trades which boost that number a bit). but I feel like I have control over each trade. If I enter a trade, I know where, when and why I will exit. That has really been the game changer for me from a few months ago. I am able to enter a trade, know beforehand that if it stalls right below my target or the previous high/low, will I give it another chance to push before closing the trade? Or am I squeezing the last bit of the last price move and exit at the first sign of hesitation? Knowing all of these things plus a lot more has really transformed my trading. Here is an example thought process I will play through before or right when I enter a trade:
Price has made a strong wave/move up for 16 pips and is starting to retrace.
Previous price action has shown a tendency for price to retrace around 30-50% of the move up as we are in a strong uptrend.
Previous price action has also shown that 10 pips for a target should be hit on almost every wave. About half of this for the stop loss or 6 pips to account for the spread. So my daily target is set at 10 pips with a stop loss of 6. (I will usually tighten the stop once price goes in my direction).
Looking for a pullback and then for downward momentum to stall. I don’t want to enter on strong momentum downwards right at 50% just because other price moves have gone about that distance. I need evidence that the selling momentum is hesitating and buyers will step back in or that sellers are collecting profits.
If price begins to consolidate and I feel selling momentum is done, I will place a stop limit buy order just above the recent consolidation and only triggered in on momentum going back in the direction of the buyers. Since price has been moving so strongly upwards, I will let the price make 2 attempts toward my target before closing it. If after two moves up, it pulls back, I’ll take whatever profits I have at that point. If price stalls at the previous high, it may be a double top forming and I will exit there as well.
If the price continues to retrace down past 50% of the recent move, we may be losing buying pressure/momentum and I may be entering into the first phase of a downtrend so I need to manage this trade more actively. If after entering, price moves in my favor but I get hesitation somewhere below my target, I will exit immediately as it may be the first lower high in the next move down.
Price does indeed pull back about 30% of the move up. Price has been consolidating now for 3 minutes. I place a buy stop limit order above the consolidation. Price jumps up through my orders and I’m in.
It’s up about 3 pips and hesitating. I told myself I would give it 2 chances to hit my target before exiting. It makes another sharp move up to about 5 pips. About halfway to my target with good momentum. I will move my stop to break-even now.
It is slowly creeping up towards my 10 pip target. It is hesitating now about 1 pip from my target and starting to pullback.
I can either move my stop to the most recent attempt to go back down or, I can just let it play out if I feel buying momentum is still strong.
Price is still just below my target and floating around not making any moves. I move the stop loss to just below this sideways movement which is at about +7 pips.
At this point price will either go back down and stop me out with a 7 pip profit or it will continue to head higher, giving me my original 10 pip profit target.
So this is an example of my thought process that I go through with every trade that I take. Because it is so focus intensive, I find that trading about 2 to 3 hours is best to get the most out of your day. Any more than this and you can’t really manage the trades as well due to lack of mental focus. Just think of taking a 4 hour exam. During the first hour or so you are fresh and ready to tackle that thing. Towards the end of the exam, when you find challenging questions you tend to just give up or say whatever or fill in any blank just hoping to end it. Same thing goes for trading.
Here is my first live day of trading. You can see my comments there and also get a feel for how I actively managed each trade. I am a pretty risk averse guy, so any time price goes in my favor a few pips, I’d much rather get out with a pip or two than to take the full loss. Sometimes of course it gives me my 1 pip and surges back towards my target, but that is the type of risk I am willing to take – another important aspect to your trading is figuring out what type of person you are. Some would rather take the risk of gaining 7 extra pips but losing 5 than to just take 1 or 2 with no chance of losing. So you have to make that assessment for yourself.
Hope to upload a few more trading days in the near future. Happy trading.
As I have mentioned earlier, I have only studied and traded around price action. What is price action? Well, I guess the definition can be vague and I’ve seen many traders give their own opinions on what it is trading price action. Some say it’s the idea of trading without any indicators, others say it’s the way of trading what prices have done in anticipation of the future…. some say it’s trading patterns on the charts. I don’t think there is a textbook answer but I’ll give some thoughts on my experiences with it.
In my opinion, price action is the art of trading based on what prices have shown tendencies to do in the past and what prices are doing NOW and using that to enter a trade with a higher probability outcome than pure randomness. For example, I have a chart in front of me. What does the chart show? The chart gives a visual representation of buyers and sellers agreeing upon a price and the transactions that have occurred are now shown in the form of bars or candlesticks on a price/time (or tick, volume). I will read off a series of prices to you now. Consider what are your thoughts as these prices occur:
This is just a very small sample set of prices. What can you infer from these prices? Well for me, I can infer there is some upside momentum. The price from 12.20 up to 12.24 showed a quick rise and it showed some resistance at 12.24 then tapered off at a little at 12.23, with a slower, less sharp drop to 12.22 and then starts moving back up. If you were to take a trade right now, is going long or short more likely to occur? The answer should be, well I’d like some more information, haha.
Now, we don’t know what happened before these prices. Perhaps this is just a pullback in a downtrend. Perhaps it’s the next leg up in the uptrend. Maybe we are running into resistance in a range. This where previous price action on the charts gives us context. We can look back and see what prices have done and where we are now.
So, I see that we are in an uptrend with higher highs and higher lows. Taking this into consideration, we now look at what prices are doing now. We are seeing some upside momentum taking place. Do the chances of taking a short here favor us? If yes, where is a good entry point where the upside momentum may subside allowing us some movement in our favor? If no, where is a good long trade to enter where downside momentum has stalled and chances are that continuation of prices is more likely? These are all pieces of information (and what I call price action) we need to consider before taking a trade.
Of course, there is a lot more to this than what I just presented. So that’s why I would like to take the opportunity to look back and give some perspective on some of the different price action systems out there. And I’ve gone through a LOT.
But in my opinion, in some form or another, all of these show ways to trade around price action. Some use basic indicators, some use tick charts, some have different time frames, but I would say what all of these have in common is the use of previous prices (depicted on a chart) as an indicator of past buying and selling sentiment and using the current ebb and flow of prices to find areas of interest where we have a better chance of grabbing some profit than randomly entering and hoping for something.
Here is the list of price action systems or traders that I hope to get into one by one in the near future (not too detailed, but a general overview):
One of the main reasons why I decided to start this is because I am starting to really see and feel progress. I will get into the nitty gritty of exactly how I got up to this point soon, but for now, let’s just say that I’ve read the books you’re told to read, I joined the forums many join, paid for the strategies books, watched countless hours of video and I’ve thrown away a little bit of money tinkering on a few trades where I shouldn’t have. The moment I took what I needed from all of them and focused on me, is when I started to see and feel the work paying off. So yeah, no super millionaire penny stocker tradin’ for me. I guess I wasn’t up to the challenge. So sad that I won’t be uploading Ferrari pics on the Instragram with bricks of dolla bills stacked. Or on the beach in my undies, trading like a boss hog makin’ millions with my phone tethered 2g EDGE network on my iMac Pro 5 in a remote island in Mexico.
I am about 6 months into my journey. I started off around late June of 2016 really becoming interested in how this day trading thing works. I have an acquaintance who trades ES futures full time and when I decided that I am going to pursue this not as a quick buck, I had a sit down with him. Basically at the time he told me to take a look at Al Brooks’ stuff and concentrate on trading price action and not to get too caught up with indicators or other systems. He would later tell me that many of his friends would ask for trading advice, but just to make a quick buck – kind of like asking for the “hot tip.” And most wouldn’t return to see him after looking into or reading Brooks’ stuff (it’s not easy). So telling them to read Brooks was his filter to seeing what the person was really looking for. Smart. Because the Al really put me to sleep. I got all his books and couldn’t finish a single one of them. His voice, writing, his style… it’s just, well… *dozing off* huh?
So, I didn’t really have an immediate connection with what Brooks had to offer but it had me interested in price action. And I’m thankful to that friend for not getting me caught up in the wrong stuff. I would go on to purchase several other books and systems based around price action – sim trading them for a few weeks before moving onto the next one and so on….. because I need money to get rich. Quick.
This went on for a good 5 months. Mack’s PAT system, Lance Beggs YTC system, Al Brooks, Bob Volman, Adam Grimes, FT71, Tim Sykes, Nathan Michaud, Vince Virgil…. you name it and I’ve probably read it and tried it (again, will go into details with each in the future). I mean they’re all useful in one way or another. I wouldn’t get one thinking it’s gonna make you the next superstar trader.
Then towards the very end of 2016 in late December, I had been watching and following a guy who I said I like to e-mail as my therapy (will get to who this guy is in a later post). He does sell an eBook, which he offers your money back and although not really a system he has claimed to develop himself, it’s a book that compiles the strategies he has used throughout his years which he believes to hold an edge should you decide to focus your attention on trading one or a few of them. Anyway, I always felt a closer connection to the methods and way this guy would trade – and it’s not rocket science. Plus, he is a saint because he always answers my stupid ass e-mails that I don’t realize are pathetic and stupid until a few days later. I mean if I were him I probably would’ve told me to stop asking so many stupid f’n questions and to go play in traffic. So after I realized I should stop being lazy and expecting him to tell me some answer to the holy grail, I watched his videos 3, 4, 5 times, read the articles and combining pieces of information I had absorbed previously from other traders, had a small “light bulb” moment if you will.
I got on the simulator for Forex using MT4 trading the EUR/USD 1 min chart during the London session and gave it a week just really focusing my trades on the larger waves throughout the day and using prior tendencies as my guideline. I stayed as disciplined as possible, only taking the trades that met this criteria. I had a few winners and losers the first few days. To be honest, I was still kind of clueless and just entering where I felt might be a good spot – the typical price action areas like, oh it’s a pullback now, enter on a break of this. So I half knew what I was doing. Which is better than nothing. I suppose.
I reviewed my trades, saw my mistakes and worked on them. The following week though, it all came together. I could see and feel the moves and I planned ahead. I was able to enter a trade knowing exactly what I would do should the price do this or that. Super Saiyan mode, talkin like Goku vs Piccolo stuff. I had my exits and targets planned and I actively managed them. I knew what movement indicated a possible failure of my pattern and exited with small winners before it would stop me out. I could sit through a few “fakey” moves with complete confidence in the trade I entered, not wondering if I need to exit this. I could also re-enter a trade I just got stopped out on because it was still a good trade. So after 10 straight green days (a few were washes, to be honest) I have decided to take my trading live. It is so damn hard to stay disciplined. I can’t recall the number of times I was like that dog in UP, “squirrel!” It’s double topping, go short! OMG, ascending triangle, do it! The RSI is like totally oversold bro, total buy time dude. But no, I resisted.
I realize that many successful traders or people selling books tell you that you should have at least X months or weeks or whatever, of profitability before going live. I think prodding along, being up a few bucks a month doesn’t necessarily mean you’re ready. By sheer luck and undisciplined trades, you could be up a few dollars after two months but by no means are you ready. I did it for a month just putting on 100 contracts on the ES and exiting after it went my way just 1 tick for a $1,250 gain and then giggling because I would just trade 1 contract the rest of the month and ended up +$13.50 after commissions on the month. C’mon.
In my opinion being ready to go live is a mental state – not a number of green days/months. Knowing exactly where, when and why you entered a trade, what movements constitute a failure of why you entered, not panicking at every small price movement and having the confidence to execute are the reasons you should go live. And I check all of these boxes and the only way to take my trading to the next level is to use real capital – I have to feel the burn. And with real money, it’ll be better for me. I won’t have those “squirrel!” moments take advantage of me because my hard earned real dollars are at work here.
Of course, using real capital is a whole new set of challenges that will be presented. This is the next stage of my journey. I’ve read the books, sim traded them and took what I needed from them to make something my own. I don’t need anymore information or strategies or anything. I need to focus on me. So it’s time to move on – to make the leap to working on my psychology. How does real money affect my trading? How will a string of losses affect my confidence? Will I get over confident after a string of wins? These are all yet to be seen and I hope to share with everyone in the near future my experiences on this journey. And if I stop updating after a few weeks, it means I probably lost all my money. Or got frustrated and moved onto another hokey pokey price action system. Or maybe don’t want to show you guys how much I suck. Or hit the lotto. But I don’t play the lotto so you won’t have to worry about that. Ok, see ya next time shithead.
As I make the constant effort to becoming a consistent, profitable and successful trader, I find that putting my thoughts down on paper is a good way to make better progress. I’ve always heard from other well known traders to make a journal – You can’t be successful if you don’t have a journal, yadda yadda.
And I’m not really the journal type of guy. I tried, but ultimately fail because it felt forced. It felt like a chore and we as humans just don’t wanna do things that we don’t wanna do. But I did realize it does feel therapeutic to sometimes talk to myself or get my feelings down on paper. Plus, it’s cool now. To blog. Take pictures of food. Instagram my sweet new Chinese character tattoo. Not be racist. I listen to hip hop. I’m definitely not racist.
I usually e-mail this guy (he’s a full time trader) with how my week has been going (more on him and that later on) and whether or not he replies, I always felt a little bit better about my progress and what I’ve accomplished so far when I go back to the “sent e-mail” section and re-read what I sent him. Sometimes I read it and think how retarded I sounded, so it makes for good fun. I will forever be grateful to him but I think it’s also time that I ween myself from that process (and save him my constant yammering) and add in some self reflection. He will probably thank the heavens as well. He probably would love to jab me in the nose. Or tell me to STFU sometimes. Poor guy. He’s super cool though.
Reviewing what I have learned, the mistakes that I have made and really, having the awareness of what needs to be done to make improvements are crucial to any trader’s success – I know this. So I hope that looking back on how I got here today and then putting my thoughts down going forward will not only benefit me, but hopefully anybody who stumbles across this site. I realize the journey will be different for everybody, and most do fail, so I hope my collaboration of thoughts and processes will not only help me but help others become a better, more successful trader. Plus, I get enjoyment out of making myself out to be some sort of blogger now. Hah – can I put in on my resume? Professional blogger? Just like people who take pictures with expensive cameras are professional photographers? Well at least I don’t upload pictures of my dinner from Applebees on Instagram…. or take selfies. Or drive a Prius. Actually I drove one in Japan. It was really nice. Maybe later I will even use some cuss werds on here. That’ll be the ultimate rush. Cuss werds on da blogosphere. Ooooooh can’t wait. Stay tuned. Phuckeroonies.