I’m still here 10 months on. Been many times where I thought I wouldn’t be and many times where I had to tell myself “I would be”. This far in I understand I still don’t know everything, still don’t have the consistency or stake levels I would like to have, but I’ve well exceeded my wildest expectations so far. Originally I thought if I can make $40,000 in my first year and get paid while learning, great! To make $75,000 in 10 months, crazy stuff.
My penultimate post, possibly anyway. I haven’t posted for ages as the motivation to do so has waned. The reasons I originally started this blog were; to be accountable and to show the path I went down to get to where ever I got to. In my absolute trading infancy blog posts from pro guys were what assured me that I wasn’t about to travel an impossible path. These trading guns weren’t savants, they were just ordinary people that worked hard to build edges in the game. Whether people learned what to do or what not to do, I hoped my journey may help others in the future. As for the accountability, I track my wins and my losses to the cent and I don’t give a fuck if I look stupid anymore. I used to use the fear of looking like an absolute stooge in the public forum as a motivation to “follow the rules”. It worked for the early stages, but as I’ve learnt more, I’ve understood that being wrong and looking like a stooge at times is all a part of it.
Following on from looking like a stooge, “What I learned Losing a Million Dollars” had some great stuff in there that’s really stuck with me. One thing Jim Paul talks about is do you want to be a “prophet or make profit”? Some people get more wrapped up in being right than they do of making money. This has terrible flow on effects including “personalising losses”. It definitely challenged my thinking, made me aware of this thought process and I’m working on completely removing it from my psyche. I’m trading for one reason, profit. I’ll still share some thoughts on my Twitter handle @lukeamac but I’m going to start winding down my blog and focusing on profit.
I’ll do a wrap up of the first 12 months when I get there and then after that, I don’t know if I’ll post again. Never say never, but they certainly won’t be frequent and may not be trading specific. Since my last post though I’ve had a great run, think it’s been about 5 or 6 weeks and my trading is becoming more and more efficient which is pleasing. Took me 10 months, but worked out I didn’t have to plug in my numbers into an online charting tool too, Excel will do it for you. What a noob. Anyway, new looking graph below but it charts the journey in its truest form.
+$26,176.16 account balance +$76,033.92 (10 months, 1 week)