Introduce Yourself!

[peterB 322]

On 7/28/2024 at 3:47 PM, Icare said:

Hello everybody, 

I am Olus, from Belgium. I work as a Consultant in Financial Services after +16 years working in Brokerage where I held commercial & operational positions. 

I trade for more than 12 years now,... Although I am good with investments management, I suck at trading where all of my 12 years have been in the red. The reason is simple: I tend to TILT after a couple of losing trades and begin revenge trading with overleverage, with a well known result: blowing my accounts & losing it all. 

When I look to my past performance, I see that 10 to 15 trading days are causing my accounts to blow. I can have 10, 15, 20 positive days but when it have a 3-4 losing trades streak, things get wild and I lose control. 

This is thus the area I work on and the reason I have joined this community. Ensure to follow my trading rules & stick to my plan. 

I know that it is the losing days limits which allow us to have positive results at the end of the year. I have read tons of books on Trading psychology, which is a passion of mine. It is now time for me to respect the process. And I count on the presence of the members to support & motivate me on this path. 

 

Hi and welcome. Read this for possible solution https://open.substack.com/pub/traderpeter/p/why-are-your-losing-days-bigger-than?r=1wujo4&utm_campaign=post&utm_medium=web

[elel 1]

Hello,

I'm Eleanor, from Ontario, Canada. I've been a BBT member for a couple months now and recently started sim trading with the funded account. I work a corporate job that I enjoy, but have been in the same role for a long time and wanted to learn something new, and I have been intrigued by day trading for a long time and decided now was the time to learn. I love the community focus of BBT and hope to see many of you in the chatroom!

[lingrong 2]

Hello,

 

I am Rong from Seattle, Washington, USA. I am a software engineer. I just finished my bootcamp training and started using BBT. I trade opening momentum breakouts/breakdowns. I developed trading bots to execute orders for me to achieve fast order submission and following my rules. You can read about my trading bot here https://docs.google.com/document/d/1WN9hR-SVI6q3vMwEA69xNbXWvPmpl2Zt14jnxqHydPQ/edit#heading=h.ajxsjfzc2f52

 

[Harry 0]

Hi BBT Family,
I'm Harry. I became a proud BBT member on May 30, 2024.  I learned of Andrew in his first book, How to Day Trade for a Living. Soon after, I bought and read, Day Trading for a Living.  Recently, I bought and read the Introduction to Trading Psychology.  In becoming a proud BBT member, I've received the Advance Techniques in Day Trading, which I'm planning on reading soon.  

I've been an option to swing trader or investor for nearly 20 years.  After reading Andrew's books, I'm interested in becoming a Part-Time Day Trader.  

Looking forward to becoming a valuable member of BBT family.  
Thanks,
Harry

[Jeremias Lopez 0]

Hello Everyone! 

I'm Jeremias Lopez, and I started my membership a few days ago. I have no experience in trading, but I read Andrew's "How to Day Trade for a Living book" and that got my hooked. I then read a book about Charting analysis by Fred McAllen. I am really eager to learn and practice in the simulator once I feel like I got enough knowledge. I am an IT professional. Been working in IT for the past 20 years and looking forward to slowly switch into a different way to generate income.

Thanks,

Jeremias

[Jon Reynolds 0]

Hi gang - I have heard some very good feedback off the site so I thought I'd give it a try.  I was a member over at Warrior Trading years back, but I am of limited means.  This is a strictly an educational adventure for me for the time being.  I am here to absorb, and hopefully make a few mentors.   Best regards - Jon

[Rogier Postma 0]

Hi,

I’m Rogier from Amsterdam, and have been a day trading student since March. In pursuit of improvement, I joined Bear Bull Traders in November.

For the last 20 years I’ve worked in media as a freelancer, mostly as a video editor for TV and advertisement. But since 2023 I've grown increasingly disillusioned with the state and direction of the industry, and felt more exploited than creatively challenged, having little faith this would improve in the future. 

During my extensive search for alternative paths, it was ultimately Andrew's book that set me on my journey to become a day trader. What I most appreciated about How to Day Trade for a Living was its clear, straightforward, no-fluff approach. Focusing on day trading as a skilled profession that demands discipline and commitment. What resonated with me most was the emphasis on crafting a system that aligns with your personality, adapting methodologies rather than copying others, which mirrored my workflow as an editor. It’s this process that reignited my enthusiasm I had been sorely lacking in my other ventures.

After the theory introduction through the book, I decided to join a local community for my second phase of education. Living in the Netherlands, I wanted to learn from traders in the same time zone, as their schedule would be different from those trading in the morning. So, I enrolled in the Mentored Mastery course at the Trade Academy.

Unfortunately, this didn’t turn out to be the right fit for me. Too beginner focused and lacking the depth I desired. So I still relied a lot on alternate sources to educate myself.

Trade Academy has a collaboration with the all-in-one platform Ufunded, which is significantly inferior to DAS and lacks essential tools like paper trading, hotkeys, and replay functionality. Tools that have been most crucial to my process and progress, since I always start my trading days reviewing my previous day trades and replaying my mistakes. This has proven to be the most valuable trial and error loop for spotting my errors, refining my setups and building confidence. 

At the moment I’m still paper trading and aim to go live at the start of 2025. My weaknesses are that I still experiment a lot and should cultivate patience better. Building consistency is my current priority. The biggest challenge is being able to assess all strategy necessary indicators at the same time. My mistakes are mostly some tiny element I overlooked, too focused on one indicator while forgetting to check another. So that is what I need to keep improving in the coming months.

My current circumstances are also not ideal for a Day Trader. I’m still active as a freelancer on a sinking ship and also have a nine year old son and family to support. And until you are profitable, it’s also not something your surroundings take very seriously, warning about risks without understanding the principles. Mistaken for a desire to get rich quick and other misconceptions, instead of being curious about what it actually entails. 

It’s the analytical process of day trading that appeals to me the most, the discipline it requires, the room for creativity, designing a tailor-made systematic workflow around your personality, that you can perform independently and without the need for self promotion.

So I’m looking forward to making the shift from the amateurs to the pros at BBT, building on the fundamentals from Andrew’s book, that made me want to fully commit. I'm confident that BBT is the right fit for me. Very motivated to learn, share with this dedicated community, and take my trading to the next level.