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PeterD

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Posts posted by PeterD


  1. 9 hours ago, gjeret said:

    Greetings!
     

    I am Gjeret, from just outside of Milwaukee. Mid 40’s, wife, kids., business owner.

    I have been running an IT services Firm since 2007, have a few employees and have been profitable every year (even if it was just profitable)  and....

    I am tired of it.  Not the tech, but the clients and the emergency calls at 2am, the Amazon affect decimating any hardware profits, and small business owners taking the advice of they Kid at Best Buy or the neighbors 13yo over the advice of an expert. The HR aspects of the business, the “work when you want” unless a client has an emergency or schedules a move.  So...

     

    One of my very very very successful friends owns a software firm, as we were getting drunk at a food crawl, he confided in  me that his money wasn’t from the tech, that just funded him, his money was from the stock market   That has always been in the back of my mind

    GME got me interested enough to open a Robinhood account, then a Webull and fidelity account.  Learned the hard way not to chase a meme stock, and found a saying on Reddit...

    Bulls make money, Bears make money, Pigs get slaughtered.

    I got slaughtered 

    but, got back up, picked up a book off Amazon (day trading for a living), 

    reading that trading was work, but there was a trainable process and was often boring ...  I need some boring!  That sounds wonderful!

    that book led me to this website, so I signed up..

     

     

     

    Welcome, Gjeret! We will strive to be on the interesting edge of boring....keep smiling and I look forward to seeing you in the chatroom!

    • Like 1

  2. 8 minutes ago, dad54 said:

    Hello. My name is Scott - my username does not give away my age but I'm not MUCH younger than that. I'm here because I have a vision to transition to trading to provide at least 1/2 of my income in ~2 years when I choose to (or am force to) retire from my current company. I am blessed that I have time between now and then to learn and practice at night - once I'm able to go live I'll have certain time limitations until I do leave my company. I believe trading suits my personality - I'm disciplined and I'm comfortable with risk and I want to be home with my family and live flexibly (location / land). This community seems to be the right place for me. Right now I'm a few videos into the "education" section. I'm a brand new trading baby and really don't know much at all yet - my brain hurts with everything so far :).

    Scott

    Welcome to the community. Ask lots of questions! We love to help.

     

    Cheers,

     

    Peter

    • Thanks 1

  3. Shannon, welcome to the community. We are very happy to have you. Please do not be shy in asking questions here in the forum or in the chatroom. You'll find everyone helpful. We're all had to start at the beginning and part of our philosophy is to help out those coming in after us.

    Glad you were not too shy to make this post and I hope to hear from you in the chatroom!

     

    Peter


  4. 20 hours ago, car105b said:

    Hello BBT, I joined here about a week ago and just trying absorb as much as possible. Many years ago I started off on this journey trying out the Better Trades program, I attended the 3 day live session and then practiced a bit but I was still kind of lost. I was up and down and never developed a consistent process, I ended up in the red when I threw in the towel. Since then I've mostly stayed away from the market and just stuck to my day job but in the last 6 years I got married and now have a 3 year old and a 1 year old daughter and would really like to work toward a future where I'm not dependent on an employer for providing for my family. For now the plan is to learn and paper trade for a few months and hopefully in Q2/Q3 of 2021 start live trading part time in the mornings. We'll see how that goes, looking forward to meeting everyone.

    Welcome to the group! We're all here to help.


  5. 20 hours ago, MattfromNZ said:

    Hi all,

    I'm Matt, originally from New Zealand, but now live in Montana USA. I enjoy doing things outside such as mountain biking, skiing and climbing. I currently have  job where I work 12hrs every day for 3 weeks and then I am off for 3 weeks. For a long time I have wondered about day trading, but never looked into it seriously until recently. Obviously I plan to use my time off to practice trading. I'm still pretty skeptical about the whole thing to be honest, the other new people are all saying "wow, this place is great Im so glad I found it" and I'm still wondering if paying for the membership was a good idea or not. Regardless I plan to work hard and be optimistic about it, and time will tell!

    Matt, welcome to BBT! I certainly hope you find value here. When in the chatroom and the forums, don't ever hesitate to ask questions and get support. Everyone is great about helping out. We've all started with no knowledge and want to give back to help other. See you in the chatroom. 

    • Like 1

  6. 7 hours ago, Adam Lewis said:

    Hello! 

    My name is Adam. I'm a 37 year old British expat from Liverpool, England, but now living and working in Hanoi, Vietnam where I've been for seven years. I'm a school teacher by trade (heading up the international department of a bilingual school here in Hanoi). I became a father six months ago and have just started my Education Doctorate, so I'm on several journeys right now I guess!

    I began to practice day trading about four months ago. I was initially introduced to stocks and shares during the Covid lockdown in February when a friend recommended I read a book called Millionaire Teacher by Andrew Hallam. This book is about investing directed at expat teachers around the world. It is very good, and it got me into making some ETF investments as I begin to plan for my eventual retirement. I was excited to begin to purchase stocks! But as exciting as it was, I couldn't help but want more out of my trading investments than the passive average 8% a year ETFs offered. Thus, I began to find out more about day trading and having read Andrew Aziz's books (among others, but Andrew's books were the first and remain the best I've read) and after immersing myself in hours of video tutorials on YouTube, I began to paper trade back in July of this year.

    To begin with I traded low float penny stocks, trying to use momentum scalping strategies and copying the styles of some of the very successful YouTube guys who do astonishingly well (I'm sure I don't need to name names!), but I have to say I found it supremely difficult to master. I've honestly had four months of mostly making losses, and some days, making big losses in my paper trading account. I also then tried to go live too soon in September and swiftly blew $1,000 cash in my new CMEG account. Suitably chastened, I very sensibly came back to paper trading, resolved now to continue to paper trade until I am able to consistently make profit.

    Through October I continued to make losses day trading penny stocks despite my best efforts, and began to grow a little despondent. I finally hit a crossroads a few weeks ago where I knew I had to either invest in an education and begin to really work at this, or else pack it in altogether and spend my time tending to my golf swing (which also sucks).

    Well, the first one won! I decided it's time to get serious. As of Monday last week I am now a BBT lifetime member. Let the journey begin!

    Why BBT, and not any of the other trading communities? Well, two reasons. First is the focus here on a different category of stock. I didn't want to momentum trade penny stocks anymore: they're just too volatile for me, they move desperately quickly and I found I wasn't able to make decisions quick enough. I like BBT's focus on slightly more expensive, higher-float stocks. These feel more stable to me, and I think will be a better fit for my trading style. 

    The second reason is the informed and intelligent approach I see BBT's leading traders take. This feels like a more sober approach to trading, which is what I'm looking for.

    I have a great deal to learn. I became so frustrated the last four months not because I was making consistent losses, but because I never felt like I knew what my strategy was. I often found myself entering trades without really knowing why I was entering them. It's weird to be aware this is happening and yet to continue to do it! 

    There is hope! Yesterday (Friday 6 November) I actually made what I'd consider to be the best trade I've ever made (clearing a low bar, admittedly, but bear with me!). Having read here about opening range breakouts, and then watching Andrew's videos and reading the playbook materials, I watched $NIO at the open last night. The fourth one-minute candle broke out of the opening range at 9.34am. I went long and made a nice win. This wasn't my best ever trade because I won or because I made some money (I've made more on other trades in the past), but because I felt like I had a plan. I knew what I was looking for. When I saw it I stepped in and placed my trade, scaled in, partialled out. It wasn't perfect: I came out too early, missing out on a continuation, but just having a reason for placing the trade in the first place was huge for me (I was thrilled when I woke up this morning to see Thor's own review where he placed the exact same trade! I feel like I finally did something right) 

    The ORB is going to be a critical strategy for me to master. Here in Vietnam we are exactly 12 hours ahead of US ET, so when the market opens at 9.30am and you guys are all sipping coffee and rubbing sleep from your eyes, it's 9.30pm here and I've just finished washing the dishes after dinner! Working my job as I do I really can't trade much past 10pm local time (10am ET) so there is a golden window of 30 minutes when I need to do my trading. It could be argued then that if any one strategy should be my bread and butter, it should be the ORB. I was thoroughly proud of myself last night for that trade!

    So, the plan from here is to paper trade until at least the new year, if not longer. I'm in no rush. I have a great job and I'm very well paid already. I don't need the money. I'd like this to become a very profitable little sideline which can continue to fund my longer term investments, and maybe also pay for the odd round of golf in between. I love being a teacher (you don't start a doctorate in something without loving what you do) and I can't imagine ever fully being out of teaching, but perhaps being able to retire early would be nice one day! Either way, I'm in no rush, and I'll take as long as it takes to learn how to do this, and to do it well.

    Apologies for going on at such length! It's smashing to meet you all, and here's to whatever's about to come.

    All the best,

    Adam

    Adam, welcome! Sounds like you've already figured out some of the challenges facing traders. This is never as easy as people would either like it to be, or believe it should be. I like your patience approach and hope to see you in the chatroom next week!


  7. 14 hours ago, Cole_T said:

    Hello All,

       My name is Cole. I live in Brandon Manitoba Canada. I grew up in a small town about 700kms north of my current home. I became an Industrial/Construction electrician and spent 20 years working a mile underground in a hard rock mine. 8 years ago I got tired of the dark and decided to move south.

          Fast forward to the pandemic, Canada shuts down and I am now sitting at home. Being an old school reading nerd I began reading again during this down time and while searching for my usual fiction books, Andrew's Intro book came across my menu. Not sure how or why his book was in front of me but I read a bit of it and liked where he was coming from. I then went Youtube crazy and relentlessly watched day trading intros, free webinars, blah blah blah! Andrew was the only person who talked endlessly about being good at what you do, not how much money you make. I was hooked. I finished his Intro book and the Advanced book. I have really gotten into the psychology side of things and am truly fascinated by the whole subject of Day Trading.

       I purchased 1 month of BBT to try it out and see if the Lifetime membership was maybe the way. I also purchased the 3 month DAS sim and have been simulating for a couple weeks now. I leave my job at years end to devote myself full time to trading and I hope on being live in March with plans of making a career of this.

      I have never joined a chat room, of any sort before, and am a bit of a grumpy introvert, but I know absolutely nobody that does this and I am looking for someone to be a Bert to my Ernie. Lol

     

    PS- All over the lighning bolt and double bottoms/tops

    Cole, welcome to BBT. While you've described yourself as an introvert, I invite to get the most out of your trial as possible by asking lots of questions. You'll find tons of people willing to help in the community so don't be afraid to ask! Hope to see you in the chatroom on Monday.

     

    Peter


  8. 5 hours ago, Sorelle said:

    Hi there, 

    Am Sorelle from Montreal Canada. not new to trading but I needed to up my game. so that's why am here.

    Hopefully sign in up here is worth it! I'll let you know in 30 days!

    Sorelle, welcome to BearBull Traders! I'm certain you'll find it completely worth it. Please feel free to reach out if I, or any of the moderators, can help you along the way. Look forward to seeing you in the chatroom.

     

    Peter (from Ottawa!)


  9. 2 hours ago, Peter Leenen said:

    Hi there,

    I'm Peter, and live in NYC (but originally from Canada). I've been day trading full time for the past 1.5 years and joined the BBT room this past Sunday after re-reading Andrew's day trading book.

    Looking forward to trading with everyone and learning new techniques.

    Peter

    Welcome to the community. I look forward to seeing you in the chatroom!


  10. 10 hours ago, Gail Scott said:

    Hi everyone, I am in Southwest Louisiana.  I am a registered nurse, I have been in home health for 20+ years and I have been wanting a change but didn't know what direction to go where I could still make a comparable income without having to start all over again.  I have always been interested in the stock market but it was never as easily accessible (internet, free broker accounts, no fees, tons of literature).  I read a few market books and discovered Andrew's Day Trading for a Living which also got me to BBT and all I want to do now is learn more.  I haven't been this motivated about anything in a long time!!!  I love the format of the education and community here.  I am in the intro membership now, I haven't committed to Lifetime....yet because I am extremely cautious with money, I will not be the one who "loses it all in the market" lol.  So now I just have to make a plan and execute!!!!!

    Great to have you with us, Gail. I appreciate your cautious approach. I hope you and yours stay safe with some big storm closing in on your region. Cheers.


  11. 6 hours ago, Robert McCoy said:

    Hi everyone, I am new to BBT community, however I have listened to Carlos and Norm on YouTube on an off for a while now.

    I am currently a Project Manager managing the development and support of software applications used on the Healthcare side of the DoD. I have been in this role for 20 years now. Before that I worked for Hewlett Packard on the medical side (Which most didn't know existed). I worked for HP in the support and sales side for a little over 18 years.

    As you can see I am a little older, at the age of 58. I am originally from Canada, love hockey, both playing and coaching and I now live in NC with my wife.

    I started learning about trading a couple years ago through Warrior Trading. I took Rosses courses, went through my time on the simulator and thought I had it figured out. I have gone back and forth with live trading and the simulator several times attempting to figure out my strategy.  I came to realize that what I thought was a strategy wasn't and I have not done well.

    I joined BBT 2 weeks ago and just listening to all the moderators and going through the courses, I have learned so much about what to look for and why and where and how to set my stop. I have made a big effort in spending more time looking at charts and looking at patterns. I have come to realize that low float stocks are not for me and trading in the open isn't for me either. Wish I learned that before.

    So enough of that, but I can say that I am excited with what I have learned and looking forward to making some small wins and becoming a much better trader with the help or the team.

    Thank you

    Robert, as a former Canadian in NC...did you end up there through Nortel by chance? I spent a lot of time in RTP with Nortel's IT department since the IT executive team was there. Please don't hesitate to reach out if we can help with your trading journey.


  12. 7 hours ago, David Wallace said:

    I'm brand new to the community!

    I teach Elementary PE in Phoenix, AZ as my day job. While schools were closed and teaching remotely I read Andrew's book twice and did some paper trading as practice to see if this might be a good fit for me. It went pretty well so decided to bite the bullet and give this a shot.

    Excited to see what trading has in store!

    - David

    David, welcome to trading. I certainly hope your school finds an effective way to cope with our current reality. I know school boards across North America are struggling with how to deal with the protecting the students while properly educating. 


  13. On 8/30/2020 at 4:27 PM, Gar said:

    Hey folks,

    My name is Gar and I'm from Ireland.  Happy to say that as of September, I can finally give day trading the time it deserves and see if it's something that suits me. I work as a pharmacist and currently have the luxury to pick and choose which days I work which frees up my weekdays to trade. Can still work at weekends and whenever else I need to.

    Would love to make trading my main source of income. It's good to dream! But i'm well aware of the challenge before me and the next few months will tell a lot. I plan to trade in sim until the end of the year at least, probably longer. Trying to focus my learning on VPA and learn from the master himself @Thor . I also really like  @PeterD and @Aiman Almansoori trading styles but to be honest I can see myself learning bits from everybody in this community.

    Looking forward to getting to know you all!

    Thanks, Gar! Happy to have you as part of our community. I look forward to seeing you in the chat room!

    • Like 1

  14. 4 minutes ago, PeterD said:

    Leo, has very generously offered to host us at his home. He will post his address here and we’ll meet for 3pm tomorrow.
     

    Im looking forward to it. See everyone tomorrow!

    I forgot to mention, everyone MUST come with a mask tomorrow and I’ll ask that everyone do their best to limit exposure to Leonard, his house and his family while we are enjoying his back yard. Please be respectful and safe in these challenging times. Thank you!

    • Like 1

  15. 22 hours ago, Leonardo Murcia said:

    Hi everyone, it will be hard to find a place for all of us, so I spoke to my wife and we’re happy to host you for a BBQ  at my house in “The Beaches” area.  My phone is 647-267-1805. Let me know what you think.  If you send your phones numbers, I can create a whatsapp group for the meeting.  Best, Leo. 

    Leo, very generous offer!!! Let do it at your place. Post your address and we’ll meet for 3pm tomorrow. Look forward to it, everyone!


  16. 15 hours ago, Roosevelt said:

    Hello everyone! My name is Roosevelt and I live in Henderson, Nevada. I am an Educator for more that 20 years but decided to take a different route and now on the process of changing career. I dabbled into trading last year after reading Andrew's 2 books including Brian's but I stopped because my schedule at work interfered with my time of trading. I signed up for membership last year  upon learning so much from BBT through youtube. Two months ago, I went back trading  but I am not progressing and obviously I am not ready. So i decided to be part of the community to learn more and connect with like minded people. 

    Very happy to have you with us in the community, Roosevelt. Please feel free to ask questions of us! Good luck on your trading journey!

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