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Lee W

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Hi All,

 

I'm Brian (BrianC) living in Montgomery, AL and just signed up for the simulator training today. I retired from the Air Force several years ago, and now I enjoy bass fishing from my kayak whenever I get the chance!

 

Although I've wanted to get into day trading for some time, I'm a complete newbie at it. After reading Andrew's book, "How To Day Trade For A Living," I decided that 3 months of simulator training would probably be a great idea for me. And I'm enthused about the different features available here at Bear Bull Traders, such as the chat room and the live classes.

 

I am looking forward to getting started and "meeting" some of you in the chat room. I anticipate learning lots from the other members, and also helping others once the day comes that I can contribute something meaningful!

 

Brian

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Hi everyone, my name is Jon. I'm in my second year of college at Cal Poly Pomona but I live in Bakersfield, CA when I go home for the weekend or breaks. I'm studying finance and love everything about investing even though I'm pretty new to day trading. Looking forward to experiencing and learning about day trading with all of you!

 

Jon O.

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Hi, I'm Jimmy. I'm a civil engineer living in Copenhagen, Denmark. Been travelling and working around the world non-stop for the past 16 years (Ireland, Vietnam, Qatar, China, USA and the UAE - in that order), but now I'm back in Denmark. The taxes here are slowly killing me, and I read Andrew's book while in Bali last year - need some more money:). Did not believe it was possible to do this. Read his book a couple of times + a few others, and then decided to sign up with the SIM and Andrew's program. Been doing it for the past 4.5 months now, and expect to go live in another 1.5 months. Been building up some nice consistent profits (nothing big, but consistent) for the past couple of weeks. Hope to keep this up. Trading really is 80% psychology, but if you DREAM BIG, BELIEVE and PERSIST, then it seems that you might quite possibly come to emulate Andrew's (and other successful trader's) performance in the end. So just keep it up, study hard and learn the action of the market, and you will succeed!

 

Jimmy

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Good Afternoon Everyone,

 

My name is Ercilia (Ercilia182 in chat) ,

 

I live and work in New York City. I have been working for Columbia University in the Finance/Accounting Field for the past 15 years, since graduating College back in 2003. Like many of you here, I have always been interested in learning how to trade but never knew where to start or find someone who was willing to help me. I love my job and I what I do, but I feel that there is something more to life than just that. I like the flexibility and freedom that this career offers. The ability to be able to work from home and spend more time doing the things you enjoy. I am 39 y/o with a daughter in college and on her own. This is the perfect time to embark in this new venture. Even though I work full-time, I have a very flexible schedule and available during the mornings. My goal is to master the skills of day trading and use it to my advantage. I came across Andrew's book on Amazon, it was one of the top 10 day trading books, and I have to say I absolutely love it. I recommended the book to my friends and gave it an excellent rating. It is a simple, straight forward, easy to read guide on day trading. I will of course, read many others. I am happy to be here and looking forward to being part of this trading community. I start my first class next week, and once done with online classes will move on to simulator.

 

Cant wait to be part of the team!

 

Ercilia182

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Hi everyone my name is Robbie. I am Australian and work as an airline pilot based, flying to Los Angeles nearly every week. Although I love my job I can't see myself doing it for the rest of my life so I would like to be able to day trade as a way towards financial freedom and possibly part time employment as a pilot at some stage.

 

The stock market opens here where I live in Australia at 0030 in the morning, so during the week I am up till about 2am in the morning in the simulator (I am interested to learn in the American stock exchanges which are way more liquid than Australian).

 

I purchased Andrews book late last year through Amazon along with two other books on trading/day trading. Not knowing anything about the books that I had purchased, I opened the Amazon package and noticed that Andrews book was the smallest of them all. I decided to read this one first as it as the shortest (thinking why I spent the money on such a small "piece of garbage" ;) but I found myself re-reading it and re-reading it and it stuck with me. I eventually joined the chat and then the simulator shortly after. After looking at different way to learn, reading books, watching Youtube videos etc I am glad I joined this specific chatroom learning with Andrews genuine approach.

 

 

 

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Cheers Ya'll Gary S. here,

 

I'm 48 and retired from the Air Force . I currently live in Michigan but moving within the next couple months to Fort Meyers Florida. Looking to learn a new art and so far many of you have been very helpful answering questions. This site seems like a great learning environment. Look forward to chatting to you all in the morning hours.

 

Cheers,

Gary

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Hi everyone !

 

I'm Christophe from France. I'm 32 years old and I live in Lyon.

I began trading 5 years ago, reading books about the subject and I put money for real about 3 years ago.

 

I made good money last year with swing trading and I quit my job with a prime so I can live about 1 year without the need to make money from trading during this period.

 

Basically, I'm a swing trader but I have began to be interested in day trading after reading Andrew's book and seeing that, contrary to popular opinion, you don't need to spend all the day in front of your monitors with day trading.

 

I trade on US market because French market is too small and not enough volatil for day trading.

I don't want and I can't spend to much time on day trading on US market because when the market opens in NY, it's already 3:30 pm in France.

 

My goal is to live from trading. I would like to spend my time on swing trading the morning, and to do day trading the afternoon.

 

Cheers,

 

Christophe

 

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Hi, I am Ved. I live in San Francisco bay area. Just finished Andrew's book. This book gave me confidence about making a career in day-trading. I plan to take live classes and learn from all of the members.

 

Regards,

Ved

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Hello Everyone,

 

I live in central Texas, and started trading on the simulator and hanging around the chatroom every morning around the first of the year. Up until recently I was the Vice President of a small company which I started with a family member. We did extremely well, by nearly any business metric you choose to evaluate our performance by, through about four years until disagreements regarding the overall direction of the company and use of personnel led me to decide to seek my fortunes elsewhere.

 

I had been living the entrepreneur life for over four years at that time (years of sleep deprivation, endless sacrifice, blind determination) and upon leaving had many business skills which then had no direction or purpose. It was as I began searching for something to bring these to bear on I found Andrews book and Bear Bull Traders. Andrew had me solidly as a customer before I finished Chapter 1. He was honestly and openly describing the immense learning curve and potential risks, and I could tell immediately that where most people would be turned off by the challenges, I was salivating at the thought of competing against the brightest and most talented of Wall St and I was already accustomed to taking leaps where failure could mean losing everything.

 

So here I am, coffee and stock news each morning @ 7, taking grains of salt from all day trading sources I can find until I can fill the shaker. I have made the arguably stupid decision to burn my bridges with my business, and others, to limit my options should this not pan out for me. It sounds ridiculous to put all of my eggs in this basket I am sure, however, as an amateur historian I took inspiration from Hernan Cortez and his decision to burn his ships after he made landfall in Mexico. My determination is such that I will succeed or perish, as was his, and I hope to accomplish that which seems impossible to most, just as he did.

 

I'll be here to absorb everything you guys have to offer in the way of advice and assistance, and I will in turn offer the same to those who also seek to learn the skills we are attempting to master. I couldn't be more pleased with the friendliness and professionalism of this trading community, and hope to be here for a long time to come.

 

Skål!

 

VikingTrader

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Hi guys,

 

My name is Han. I'm from Toronto,Canada but live near Quebec City, Canada. I've been day trading since August 2017.

My background is in IT and language teaching. I've been a life-long student of foreign languages.

I know too well that it takes a lot of time and effort to be fluent in a foreign language but I didn't see trading that way at the beginning.

I had some beginner's luck but gave it all back to the market and lost some more.

 

At the beginning I had an unrealistic expectation about trading. I was chasing a pie in the sky, hoping to make $$$ and to start jet-setting around the world in less than a year. It probably came from my own ignorance, high hope and also not knowing any real trader around me who trades for a living. Also I was somewhat influenced by the people who are selling misinformation about trading while flashing their extravagant lifestyle (trader porn) on the internet. You know? The ones showing their fast cars, expensive champagne that they drink and model-like girls by their side while they can trade on a laptop with a parasol over their head on a sandy beach somewhere exotic.

 

Also, like many beginners in search of hot stocks that will multiply their account size the next week, I subscribed to some paid newsletters that give stock picks. But I quickly learned that these people are mostly analysts and writers and not traders themselves. I guess it can be a lucrative business.

 

If there is one thing I've learned during the last 6 months of trading is that we have to learn how to be a trader who makes his/her own decisions. You know? Learn how to trade independently, becoming someone who prepares and trades his or her own plans. When I read Andrew's book I was quite happy to find that he emphasizes this point as well.

 

I think I didn't do too badly considering that I didn't fund my account by borrowing money and I haven't experienced a catastrophic loss (I feel really sorry for the people who mortgage their houses to buy bitcoin at the top in December,2017. That is a truly a sad way to go).

 

Summary of the things I've learned over the first 6 months trading:

 

1. I've learned and practiced how to go both long and short.

2 . I've learned how to be quick with hotkeys on my platform.

3. I've learned some technical analysis and trading strategies and tactics

4..I've learned how to manage risk properly according to my account size

5.I've lost enough times to become more desensitized to being wrong and losing money.

6.I've learned that it's not what you know that makes you money but being able to manage your emotions and risk in live trading.

 

Yet, I'm still a beginner and there's no guarantee that I will succeed unless I do my best to keep myself in check before I wreck my account.

For me the hardest thing has been to reduce my shares size and trade as little as possible. Psychology (you can call it trading discipline) plays a major role and I admit that it's really easy to make excuses for over trading.

 

Because of my reduced share size for trading, at the moment, I don't make much money nor do I lose a lot. My default share is 100 for now. Until I consistently produce bigger gains than losses, I see no point in upping my size. Fortunately, my broker Trade Zero costs very little for their commissions.

My primary focus is to learn how to be a trader who makes good trading decisions even though I count my chips as soon as I'm out of my trades.

 

I'm keep a journal of every trade to be accountable to myself and for recording my risk vs reward and how my emotions affected my trading. I do have a simulator account with TC2000. It comes with the package but there's no substitute for live trading. Simulator is good to learn the mechanics of trading and testing new tactics but I don't think it can psychologically prepare for live trading.

 

Here are things I focus on getting really good at:

 

1.For my strategy for long I focus on getting good at ABCD and Cup and Handle pattern.

2.For my strategy for short I focus on inverted cup and handle and stock running up early in the morning and then putting lower high with lower volume. (trend reversal).

3.Reading level 2 and Time & Sales to have better understanding of the market direction.

4.When to take profit (entries are easier than exits) and not letting a winner turn into a loser.

 

Usually I use tight stops because I mostly look for low risk vs relatively big reward (1:3 is the ideal ratio even though it's never this simple) but sometimes I know when to let my trades run without stops if the overall market trend is in my favour. I've gotten faster at getting myself out of losing trades with hotkeys. For my setup I use TC2000 Gold for charting, my broker is Trade Zero and Equityfeed is my scanner.

 

If there are other developing traders or veteran who want to share ideas, please let me know.

Because, we, day traders are lonely people in our job and I really do believe that putting few heads together is better than one.

 

Thanks!

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Hi Guys,

I'm from Dallas, Texas. My background is medical technology but I began to get obsess with stock market since I read Andrew's book. I consider myself as a novice when come to day trade and I still have much to learn from everyone here. It is nice to know you all and good luck with your trading.

Ryan N.

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Hi All,

 

My name is Marcel Perez and I just joined as a lifetime member. I am 28, originally from San Juan Puerto Rico but have been living in Miami the last couple of years. I have been working in the financial services industry for six years, including vc/private equity, commercial banking and M&A / Strategy for two telecommunications companies.

 

After six years of working and reaching what people call success, making decent money, I felt I needed a challenge in my life; life was becoming too easy and comfortable for me.

 

Also, I have always wanted to work on my own terms and have control over my time reason to why I have chosen to learn about day trading with the goal of making it my long-term career.

 

I will be leaving my job in april and will be living off savings and doing part-time freelancing at night until I become profitable.

 

I am very happy to join this community and hope to meet some of you soon!

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Hi -

 

I'm Emily - a long term self-employed forensic expert. In January I turned 70 and thought to myself, What do I want to do for myself? Out of somewhere deep in my brain came the answer...I want to learn about Day Trading (where that came from I do not know). So I went on Amazon and first up was Andrew's book. How lucky can one person get?

 

I had to switch my lifestyle from "night owl" to "early riser" which was actually easy. And I had to put aside my MAC and get a PC for trading, which was and still is painful. Now I'm in DAS Simulator, reading "samples" of books and picking the ones that seem right, following in Chat and Classes and struggling to understand like all beginners. I intend to succeed at this and plan to stay in Sim until I can show some consistent success, and then start with small trades with real money.

 

It's great to meet you all. Thanks to Lee W for starting this thread.

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