My journey in trading, experiences, ups and downs.

19 sept 2020

Hello everyone:

In this video (all talking in this one) I am gonna talk about my trading journey and experiences. All the ups and downs that I have been through in hope to give new and experienced traders a honest raw example of a trader’s journey.
Of course everyone learns and absorbs information differently, and I am sure there are people out there who didn't have to go through the way I did, but I thought sharing my journey would help some of us who are still struggling to find consistency in trading.

So, a little bit about my trading journey:

Beginning Stage
-Not profitable the first 2+ years, gone through the roller coaster ride of a trader’s journey

-Start with S.R and indicators. Does work and makes profit, but doesn't suit my personality.

-Was not consistent, some weeks in profit, some months in losses

-Made all the mistakes, wanted to give up and quit many times.

-Had negative trading emotions, mindset, and no idea on trading psychology

-Not following the trading plan, no risk management

-Over trading, over risking, revenge trading

-Emotional when I miss out potential runs of the market

-Blame the market on my losses


Turning Stage:

-Did not give up

-Admit all my mistakes, work on them, change them.

-Truthy admit you are in control of your trading account, not the market, strategies, mentors or other external factors

-Put in the time and effort, understand that this is something it can be your career for the next 30 years, what is it to you to put in a few years of hard work ?

Acknowledge the market will evolve and change, and we need to adapt as a trader

-Understand trading is a probability game, not right or wrong. I can be wrong, and won't affect my emotions.

-Want to be the "house" rather than a "player" in a casino setting,

-Learn about price action and structures.

-Have no problem missing trades and profits, understand the abundance of opportunities in trading

-Follow my trading plans, make goals, back testing, forecasting, journaling

-Acknowledge my expectations in trading,
3:1 RR, 15-20 trades, 1% risk per trade, 35-40% strike rate (higher strike rate requires less R:R). Looking for consistent growth of accounts and capital

-Understand once you are consistent, there will be more opportunities and investors who are willing to let you trade

-Continue to have a humble attitude in trading and market

-Continue to learn and grow



So I hope I answer most of the questions that you have asked, but if you have additional questions on my journey and anything else, let me know below. :)

Thank you