Hello everyone,
My name is Chris Self (ChrisNWA in the chats). I'm from Bentonville, Arkansas (Home of Walmart). I've been in various corporate finance roles for 27 years, either with Walmart or various CPG companies. As I'm approaching 50, I've been considering retiring from Corporate Finance and moving into my 2nd career. After all these years, I'm pretty burned out from working really hard and crazy hours, all while missing out on family stuff...and for minimal returns. I first started researching day trading in May 2021 as a possible 'control my own destiny' option. I started off with a $500 cash account and quickly found out it day trading was much harder than I thought. I read Andrew's book and had so many "Ah-Ha" moments. It made me want to learn even more. I was hesitant to spend money on formal training, but in December, I finally accepted the importance of it and that it was a relatively low risk to spend the cash there. In the last month since joining the community, I've only had one red day (all in Sim). The stuff I'm learning is FOR SURE worth what I spent as I try to get this new career started. I've been attending as many of the webinars as I can, and watching the recordings of the ones I miss. I can't believe how much I'm learning. And I can't speak highly enough of being a part of a community. I'm excited to get to know some of you and will be planning to join one of the meet-ups in 2022.
As for now, I'm targeting a retirement date of July 4th....Independence Day. I'm very anxious about making the transition...it's very hard to let go of the 'guaranteed' paycheck. I'll be shifting to trading live over the next few weeks. I want to give myself time to learn how I react when there's real money on the line. The psychology is so stinking important...probably the biggest thing I've learned so far. Money makes me emotional. If I lose it, I get angry, sad, depressed, etc. If I get a big gain, I can become consumed with making even more. I'm learning to keep those emotions in check, while allowing myself to celebrate the wins and learn from the losses. Today, I hit my profit target early, and shut down the computer....had to fight the urge for over an hour to power it back on. But, progress made still...
Sorry for the long-winded intro....
Keep it Green!
Chris