Saturday, December 24, 2022

HOLY CRAP WE DID IT!!!

 Looong story and it's Dec 24th at 5:46 AM and I don't really want to take the time to explain the whole story, but we did it! We paid off the house!!!

Not only that, We SOLD IT, and moved right into another house 3 times the size and still have NO MORTGAGE!!! Literally closed on the sale of our house Dec 14th, and closed on the new house Dec 15th. Our house was only on the market 10 days before we took one of 3 offers.

Long story short, we sold our house for $320k (which is just fucking unbelievable to me) and went in half on an investment property that we negotiated down to around $550K.

We had family come and help us move and had 95% of it out of the storage unit in 2 trips. It was amazing... I am soo grateful that I get to help my lovely wife have more of what she deserves. We truly love our last home and will miss it. We put a TON of effort into making it ours and using the best of what we had. This home is literally 3 times the size. I have always wanted a multi story home and finally get one! It's a very quiet neighborhood and when the weather gets better, I can't wait to get out on the roof, take in a lovely view, and get some photos!

As far as trading is concerned, I have not been even thinking about it. The volume had died down so much and patterns in the Nasdaq just broke down horribly. Seasoned veterans with years of amazing consistent success are struggling, so I have no FOMO about trading. I think it's going to take a long time for money and optimism to flow back into retail trading. I may get a futures account and give trading the e-mini S&P a go, as there would be no restrictions on trades, and I can go long or short. 

Anyhow, things have been beautiful, and I am just blown away by all of this. There is absolutely no way this would have happened if I had not dedicated myself to paying off the house. I feel like for once, I did something really great, and really right. 

Wednesday, November 24, 2021

Returning to trading. -$15.68

  After a long time, I am back to stock trading again. It just won't leave me; the idea that if I can just do what I need to do, I'll make it. It took me a long time to get back to this place, because I caused myself a lot of mental anguish. I was on a roll with consistency, and that caused me to start feeling really impatient and hungry for success. As is the usual mistake, I sized up too quickly and got emotional over the money, didn't want to take a loss, and ended up ruining not only my progress monetarily, but most importantly, psychologically. It has to stop... 

My goal now, is to make the process the goal. At this point, I know what to do. I know how to trade. I just need to get solid habits in place, stop chasing, and be patient and measured. There are a ton of variables and I know many very well. The one variable I have never had a good grasp on, is myself. So I am just going to do my best to show up every day I can, and go through the motions I need to be going through. This blog will be a recap of what happened in the market, and in my head. 

So today was rather a bit disappointing. I had some intuitions that some names would move, and I failed to capitalize on them. 

$AMC: this has been popping nearly every morning, and I thought today would be a repeat. It did not, and I was wrong, no big deal. I didn't play it. In the grand scheme of things you can see it is forming a very tight wedge. This retail group that calls themselves the "Ape gang" are HODLing for the "Mother of all short squeezes". It may happen, it may not. but I've got my eye on it.






$LVGN: The longer term trend on this seemed to be holding up well and priming for a spike this morning. Of which happened, and of which I did not partake... 







$BFRI was spiking, and I didn't pull the trigger on any of the early moves because I was skeptical... 


first entry was a small loss, but based on possible hold of previous highs. Second trade was a chase... Goddamn chasing dude... WTF! I seriously need to stop chasing... Problem is I am frustrated at the thought that these moves will happen, that they do, and that I've missed them. Besides keeping the losses relatively small to potential gains, just poor trading... 


It managed to spike after hours and I took a small scalp, which of course was a dumb chase... 
$ISPC: at least with this one that also spiked after hours, it was much less of a chase... but, I am emotional and frustrated, which is bad for trading... I should have held for more, but I am not in the right frame of mind. 


To be blunt, I'm actually really not into how freaking tedious this journal process is.... I only have so much time in the day, and it's really annoying to have to go back and take screenshots, then mark them up, paste them in here, resize them, scroll to the bottom without messing something up, and leave my explanations... I do not want to do this. 

Sunday, April 5, 2020

2020 Update

It's been awhile, and I wanted to provide an update because  a lot has happened.

We've paid the house down to $70,719 and it's been amazing at how fast it's happened! I worked 60 hrs a week for an entire year and we just kept putting huge chunks down on principle every month. It has been so satisfying to see the numbers changing so quickly.

I had a massive feeling that 2020 would bring about some crazy thing, and I was right. We are now experiencing a global pandemic called the Corona Virus that came out of China. It is spreading extremely fast because people are not taking it seriously enough. Thankfully Governments have started to issue stay at home orders, but the economic effects are quickly being felt be everyone globally. It's staggering to see how fragile our economy is. Jobs reports just came out and 6,000,000 people are unemployed at the moment. In the past this would have caused me quite a bit of panic, but this time, I am actually watching all of this with an interesting level of detachment.

I am fortunate enough to have an essential job in the trucking industry, so that provides a bit of security, but I am consciously prepared for something to change. I have done my best to prepare, and my fear of situations like this are what have led us to be in the position we are in. We currently have 6 months of mortgage payments set aside in case I lose my job, and we are actually looking to refinance right now to lock in a lower payment that would increase our margin of safety even more.

Another rather interesting change that has taken place this year has been in our mindset about finances as a whole. I can't remember why, but we listened to the "Rich Dad Poor Dad" audio book on YouTube and it really got us understanding how important it is to create cash flowing assets. There is a massive difference between being debt free, and being financially free. We have now spent a lot of time considering, planning and projecting a financial future that includes rental property. I have been taking in hours and hours of content related to passive real estate income, and I found myself in an excited, but somewhat overwhelmed state in considering all the time and hard work involved.

You see, in pretty much every piece of content that discusses real estate and growing wealthy, they all describe a method that involves you leveraging yourself to the hilt to acquire all these properties so quickly. It felt risky to me, and the reality is, this epidemic might just have been the perfect thing to educate me on the risks of doing just that. I think the reality is going to be that a lot of leveraged real estate people are going to struggle and possibly lose their properties thanks to this unforeseen event that is causing a massive global economic shift.

Just yesterday we just spoke with an acquaintance of ours that has become financially free from real estate, and they basically confirmed that the frugal, slow approach my gut has been telling me is the best way, is definitely the best way.

So, in the next couple years when this house is paid off, we can simply start saving up for our next property and slowly achieve cash flow the good old fashioned way. By paying off our properties and being basically impervious to market conditions. Patience truly pays.

On the trading front, I had initially decided to forget about it until the house was paid off. I have since realized that I should at least be getting my screen time for the next two years. It could only help. And with screen time, came paper trading again, which has gone back to being successful, yet... boring. So, I decided to put some real money into my TD Ameritrade account because I realized I need to start working on the actual emotional side of things, because that's what I truly struggled with on the last go around. Well, that and trying to trade on a platform that I simply wasn't familiar or comfortable with.

On my last venture with live trading, I ended up using Interactive Brokers because they were the cheapest commissions at $1 per trade as long as you traded 100 shares or less. The completely unexpected thing that has since happened, is that all the major retail brokers went commission free. I guess this was in response to up and coming competition from brokers like WeBull and Robinhood, that offered zero commission trading.

So now I get to trade commission free on a platform I am extremely comfortable with. The somewhat comical thing is, as soon as sat in front of the computer to trade, I was petrified because it was real money. I ended up having to force myself to trade with 1 share just to be taking the damn trade. And, it worked. in the last 13 real money trades I am actually up and have been proud of myself for being really choosy with my 3 day trades. My plan is honestly just to keep trading small and gradually ramp it up as I can handle the emotions of the sizes more and more comfortably, until hopefully I will be trading profitably (and rather emotion free) at a size that provides meaningful income.

We have also entered a long term trade on Carnival Cruise ($CCL) lines and are long at an average price of $14.49. Everything got hit hard, but them most of all, dropping 80%. The government has decided to implement a 6 Trillion dollar bailout package, and last minute (after we already put our position on) decided that the cruise lines aren't going to be included because they aren't registered in the US. Which, makes sense honestly. It's a small $2,000 position that while we would rather not lose on, we can afford to. I think that as long as they actually survive, we'll see a good return, and possibly even some dividend income, which I have never received before.

The future will certainly be an interesting one, given all the potential outcomes.

Friday, August 30, 2019

What Shipex Means To Me

You know several years ago I wouldn't have had any interest in reading a blog post about what some company meant to some guy... To me, every corporate entity was automatically lumped into the same pessimistic box of insatiable greed at the expense of the little guy. But, if there is one truth that I can walk away with in my experience of life so far, it's that perspective is truly everything.

My story feels so crazy that I genuinely don't know where to start. I can assure you that for every detail I give, there are many more just as interesting to share, but I'll try to keep it brief to respect your time.

Before I came to work at Shipex I had legitimately been out of a job for several years. Back then I blamed it on the economy, as at the time I lived in Florida and worked in the construction industry. As the banks failed in 2007-2008, housing failed, and we entered into another cycle of financial redistribution. I remember the very conversation the day I was called into the office and was told I had to be let go. The feeling that permeated me was striking even to this day. It wasn't one of fear, but of excitement. I remember vividly telling the man on the other side of the oak table "No, this is a good thing. This is what must happen, and I will be alright". I don't know how or why, but I knew that things couldn't be any other way, and my acceptance actually filled me with some of the most genuine feelings of optimism, destiny, and freedom I have ever experienced. It was truly beautiful.

It's too bad that my poorly habituated and naive nature failed the vision I held in that moment. I like to try and forget the person I was during those times, but what is true is true. By the time the first 6 months had rolled around and I was still jobless, I hated my life and I hated who I was because of not having the self worth that earning a living brings. And what's worse, I had the psychological torment of human devaluation that comes along with being dependent on others. For a multitude of reasons, I sat there silently struggling with myself, while projecting some sort of happiness on the outside for several years on end.

For reasons I will spare you, there came a time when I decided to make a massive change in my life. I left Florida and flew up to Michigan, where I unexpectedly found myself now homeless with only enough cash on hand to get a hotel room for a week. I quickly found an ad on Craig's list that spoke to me. It was an ad for a trucking job, which I had some prior experience with. The reason it stood out to me (aside from the fact it was a driving job and I knew I could do that) was because it was written with such peculiar phrasing. It said something like "Life is too short to waste. Take your life in your own hands and come work for me!"

Being that I had only a day or two left before I was out on the street I called the guy who placed the ad, told him my situation, and we set up a meeting that next day. Unfortunately, I ended up getting into a pretty severe car accident which not only broke my nose, shattered my teeth and melted my glasses, it delayed my meeting with him.

I was filled with fear, as I was certain he was going to give the job to someone else. I finally met him in person and he told me that because I was essentially homeless, I went to the top of his list and had the job. I was relieved. I was so desperate for a job that when he offered me 16 cents per mile to run his flatbed, I took it without question. For me, It was a home, and it was my foot back in the door of the trucking industry. I had never tarped in my life, but I didn't care.

Fast forwarding a few months, this man turned out to be a complete scam artist. I eventually came to understand that there was a good reason he never had any paperwork for me to sign, and that I never once, even at 16 CPM, got everything I was owed by him. When we had first met, he told me that he had paid cash for his rig, and had just bought a second one. Later down the line after much trouble with him, he finally called me one day and asked if I would like to buy the rig from him. I thought to myself "Hell yeah, I'll finally be able to work for myself and collect a full paycheck!"

His response was "Alright, let me get you in contact with the lien holder".... I was initially shocked, but it all made sense soon after. When the real owner of the truck called me, we spent about an hour discussing all the shenanigans that I had been witness to, including this guy driving drunk in this rig and nearly killing a lady on his way home from the bar. Yes, he drove his rig to a bar to get drunk! The owner divulged to me that he had never even met this guy in person, and that he was owed over $25,000 in payments! Somehow he had been convinced into buying this truck for this guy under a verbal agreement that he would be paying lease payments and a percentage of every load perpetually. The owner had some wealth from his previous role at an insurance agency, which he was able to successfully roll into real estate, but as that market began to collapse he was understandably looking for other streams of viable income. Because trucking was not this guys area of expertise and the scammer could play a good game, he was had.

By the end of it all, I was told to repossess his rig and bring it back to one of his homes in Boulder City Nevada, where we "might" be able to form some kind of deal. It seemed I was just moving from one uncertainty to the next. And I was.

It's possible that I'll never forget the night before I made it back into Boulder City. I had parked for the night in a Walmart not too far out, and I was outside polishing the rims and fuel tank on this guys bobtail when the security officer drove up and started talking to me. He was bored and just striking up a friendly conversation. We got on for a bit and after he reminisced about his trucking days, I happened to divulge the details of the last few months of my life and what had gotten me to that parking lot. It's meant a lot to me even up until now, what this guy said to me. He said "You're going to be a millionaire someday." I paused for a moment, confused and said "Why do you say that?"

"You're out here" he said "spending hours on your hands and knees in the heat of this city, to polish a truck that isn't even yours, for a guy you've never even met. People like you go places."

It can't be stated just how powerful it can be to have someone genuinely, with no reason for ulterior motive, believe in you so much.

When I got the truck to boulder city, I was lucky enough to end up staying in a vacant side one of the owners roach infested duplexes. I'm not joking, they were everywhere. Thankfully his girlfriend had enough of a heart to convince him to let me stay in the guest house at his mansion, where for the next 3 months I did exhausting yard and maintenance work for an hourly wage as I attempted to research all the necessary information to form our own entity and get a trucking company set up. I even cleaned up and painted the roach infested duplex.

For those of you interested in the glamorous life of your very own trucking business, let me tell you now. Do not waste your time creating all the required paperwork and getting permits yourself! Pay an outside source that specializes in that to do it for you. Also, DO NOT lease on to anyone without extensively going through the numbers and speaking to others already involved! That business model is usually entirely designed for you to make a pittance while accepting all the risk! They want you making just enough to afford the truck payment so you are essentially a slave to them.

Anyways, now that that's out of my system I owe you some furthering of the story. The breakdown is basically this: I spent 3 months of my time researching and building this business for this guy, while he pissed away money he desperately needed on things I told him not to spend it on. By the time we got the ball rolling, I ended up being someone he had too little respect for and was basically just being used because I had compassion for what could be made out of this. I really don't know how to say it correctly while giving so little exposition, but I poured my soul into something and was just looked at as "a hopeful" it seemed, not a partner who had earned any respectable level of trust.

One winter morning as I set out to start my day, my trailer brakes wouldn't release. I had no clue what to do. Luckily right behind me on the other side of the truck stop, was  a little service shop called Truck and Trailer Service. I called them and someone quickly came over to unfreeze my air lines. Turns out I also needed some other service, so I pulled around the corning and into the bay where I was approached by a man in a cowboy hat. He looked at me and said "You know I can tell you're not making any money" and I said "How's that?"

"Look at your tires" he said as he pointed to my embarrassing unevenly worn drives. "If you were making any money you'd have some good tires on there." He continued. I agreed with him. He asked me what I was making (per mile) and I told him.

"I'll pay you another cent per mile to come drive for me"

I honestly thought about it. We talked for a few moments and he explained to me that he worked with a logistics company that could run me anywhere I wanted to go, and that I'd essentially be my own boss. Heard that one before, hadn't I? After going over it again and again for a few days, weighing it against the situation I was currently struggling with, I decided to make the transition. I told him that I wanted to be respectful and give 2 weeks notice with the guy I was currently driving for. He said he couldn't wait two weeks and the he'd likely give the position to someone else. I told him that I wanted to prove to him that I am a respectable man, because if he sees me ditch someone like that, what reason would he have to think I wouldn't do the same to him? So I gave my two weeks, and with much resistance from the last guy I parted ways.

I'll tell you, this was a very rough period of my life. I can't emphasize that enough. I didn't know where I was going. I didn't have any money. I had no hopes anymore, and no confidence in people. I just wanted to find something I could count on. I was still missing a tooth because I had no money to get it fixed, so I felt like an incomplete person. I hated smiling. Putting my hand over my mouth became a subconscious action pretty much whenever my mouth opened wide enough. I was tired of people saying one thing, while truly offering something else.

And then it happened again... This new company had sent me out in their truck that had almost a million miles on the dash. 500 miles down the road when the differential started making a weird noise, I called them to let them know. I was told to pull it into a service shop and have it diagnosed, where I relayed to them the estimated $1,500 for a rebuild. I was told over the phone "Just keep going, we'll look at it when you get back" Well, a few miles into the next day and the differential basically exploded and I was barely able to creep into a TA truck stop. $5,000 later, I was back out on the road, and when I had returned to collect a paycheck, $500 had been deducted from it. I asked them what that was all about, and they told me I was paying for the differential, $500 per week until it was all paid back... I was ready to give up on humanity. After years of being a jobless wreck, all I wanted to do was work hard, produce, and have an honest life. Strangely, it seemed too much to ask for.

The saving grace was in one detail. The logistics company that had been talked about, was a little company called Shipex. These guys were leased on to Shipex, and I was basically hauling loads on their behalf. Through the crazy situation of them trying to charge me $5,000 I ended up speaking to Eldin (the owner of Shipex) quite a bit. Around this time I learned that the other company actually owed Truck and Trailer Service (Owned by Shipex) a ridiculous amount of money, and they had basically went AWOL. Neither Eldin nor I could get a hold of them, as it seemed they had skipped town to venture into the oil fields in North Dakota...

To my absolute amazement, I told Eldin what had happened with the differential, and that they were charging me for it. Because all the payroll ultimately ran through Eldin's accounting lady and they had not returned his attempts to contact them, Eldin gave me every cent I had earned from that trip. It was a tiny miracle. Given the absurdity of the situation, I begged Eldin to let me simply come work for him. He agreed to it, and my life has never been the same.

Sure it sounds cheesy, that a job can mean so much to someone. At the beginning of this, I said that the one truth I can walk away from so far in life, is that perspective is everything. You may not know me, nor I you. You may have lived an extremely different life than me, and thus you will see things differently than I do. But you see, it's not just the events that brought me to Shipex that have brought an immense gratitude to my daily life, but the events since, and the character with which Eldin has shown me. In no way was it suddenly a picnic. Not even close, because that was when I started truly working my ass off like I never had before. But the difference was, I finally had some security in my life, and that was priceless.

It's late, and I've already been writing this for hours as I sit in Oregon waiting for a call to get in my door. I have skipped so many details that are bouncing around in my heart, that feel so relevant to the message I wish I could transfer to you. But with what little time I have left, knowing that I can't convey it, I am trying to tell you that gratitude is always an option. Trucking isn't for everyone. Shipex isn't for everyone. Hell, life isn't for everyone. I've been here since we had about 30 trucks operating out of a tiny little service shop that also took on outside customers, barely leaving us any room to take care of our own fleet at times. I've been here since Eldin himself would take your trip packets, google your miles, and sign your check. The check was always good. If Eldin needed something, I did the best I could, and he took care of me in return.

It is too damn easy in this world to get spoiled, to get lazy and become ungrateful. It's also too easy to feel like you don't mean a damn thing to a company. And you know what? I'm going to be honest, I've felt like that here too in the past. Back when we were still in our relatively infantile stages, it was consistently difficult, and we hadn't learned operate at the level we now do. No one can get it right all the time. But here's what I know with all I've got: Shipex cares about you. There is so much going on behind the scenes that the average driver isn't aware of, so they can't easily have the best perspective about things when it gets difficult to reach someone, or to get home. I guarantee you, we are working on that, and we are the best we've ever been.

The reality is, Shipex is not just like family to me, they are family. Not by blood, nor by blind allegiance, but by my choice. I have seen Eldin sincerely wish drivers the very best as they move on to whatever they feel is going to fit them better, and I know he would not only do the same for me, but welcome me back with open arms. The question that really matters is, how did I come to feel this way about Shipex, and how can we get other drivers to feel the same way? How can we get drivers to see that we care? I think largely we are trying every which way we can to figure that out. I can't answer that for everyone, but for me, I feel very taken care of. I feel listened to. It's quite the conundrum we have in a time when drivers are so needed, that there isn't much incentive for a driver to stick around when they can just move on to the next place as soon as something displeases them here. The difference I have always seen between myself and those who came and went, was the effort to communicate. Other companies have conditioned drivers into this "Why even try, they're not going to do anything" mentality. If you need help with something, please, reach out and speak with someone. You would be amazed at what can happen with a little communication and patience.

I hope to leave you with some notion to reflect upon. On what exactly? Work related or not I don't know. But I know that for many, life is too short. I choose to be grateful, and because of that gratitude I've attracted some priceless things into my life. It's not magic, it perspective.


Tuesday, August 27, 2019

Life Upgraded

Hello again. I have been so busy I forgot about my last post! It is now August and we owe $85,323 on the house!!! Time has still been flying by and I am happy to report that the moments of feeling like a slave to my job have subsided a lot. Acceptance is a powerful perspective.

While all of that is great, I am mainly coming by to write some other thoughts.


Lately photography has been a passion of mine. Trading hasn't interested me in anyway whatsoever, and while I still watch video game related stuff on a daily basis I have had practically zero drive to participate in them. I have in recent months been obsessively shooting with my wife on our weekends and on our vacations trips. I have watched her go from a very timid "un-beautiful" feeling woman, to a much more confident model who is proud of the way she looks thanks to her tremendous efforts at the gym, and at home with her diet. We have had some progressively great times and I feel super grateful to have captured some really nice shots. It has become something of a bonding exercise for us. Not that we aren't already very very close, but it never hurts to have something the both of us enjoy with our time together.





The main reason I am here writing these things is because I have, for the first time (that I recall), been finding my passion (and my thoughts about how to proceed with it) bringing concern in my mind over how others will react. I honestly don't remember living my life in the light of thoughts like that before, as I've mostly always just done what felt natural to do. You see, my wife's parents are religious and they've had several years of distance between them due to her last marriage and the shenanigans that went on with it due to her husbands manipulative nature and lack of being able to treat her with respect. Since our getting together they have now reunited and the doors of communication are open again. What's the potential problem with all of this?


If you know me, the obvious answer is that I don't just shoot regular portraits of my wife, but those that are erotic in nature. I have never felt negative over doing so in my life, and as time goes on and I recognize the very reasons we like these things ever more clearly, I feel progressively more passionate and connected to what is.






If I were to just keep these images to myself I likely wouldn't be writing this right now, but I find myself so appreciative of the photos I take that I intuitively feel I should share them. I liken it to a child wanting you to listen to a song or watching a video they really like. They want you to enjoy this wonderful thing with them, and at the same time, it enforces affirms their taste. I am sure on some level that is a part of it. I have no delusion that I'm a photography master, just that I like what I see and I think others would as well. Because of this I have been frequently contemplating the creation of my own website such as the current popular greats like METART, & Femjoy. After all, if I am sharing these things, I might as well monetize them if it's an option. The potential conflict in the context of everything is pretty obvious, so I'll steer clear of expounding on that. Instead, I'm happy to report that as much as my wife is grateful to have her present relationship with her family back, she is surprisingly accepting of whatever it might mean to be supportive of my photography venture. There is of course trepidation, as in her previous marriage any gateway that could be used for her ex to open the doors to infidelity certainly were, especially under the guise of "it's for you" or "it'll bring us closer together". I say this because it has been a consideration of mine to photograph other people as well, which is where things definitely have a more potentially problematic side to them.




What I have discovered over the recent months is new and interesting to me. In the past I would simply enjoy shooting whoever I was in a relationship with at the time, but now I have become kind of engrossed in shooting in general. There is something about operating the camera that I find enjoyable, so I end up pulling the trigger a lot. I guess it was how playing guitar was to me on some level. It felt good to make it function, and as a result I simply ran through scales and noodled around rather than actually playing what I would call music. While yes I have been taking photos for the last 10 years or more, I have done absolutely zero in terms of learning about how the camera I hold even works. In the last months I have spent quite some time coming to appreciate the function and science behind photography. That can and probably will be a post on it's own, but what I want to express is that I think the understanding I have come to in terms of handling the instrument, has actually caused me a desire to engage with what I understand much more. It's rather entertaining to see how some obvious principles of light and mechanical function have engrossed me.



To continue on the recent mention of shooting others, I have been happily surprised to take inventory of myself and conclude something: That I simply love looking at and photographing the female body. I always have of course, but more importantly, I see that I can accurately deduce that it's something I should love doing in no small part thanks to my DNA. The human drive is all thanks to this mesh between the hardware of the machine we live in and the programming that compels it. Religion attempts fervently to deny this reality, and thus those who operate under the programming of it, suffer greatly as they attempt to deny an even deeper programming. It is literally the program we have to thank for our very existence, the one to multiply and thusly, "survive".

My recent assessment of where I am has brought me to (for probably the first time in my life) a place where I have conviction that I could simply photograph beautiful people for the fun and money of it, and leave it at that. Even as I write this I feel the stigma surrounding it, as anyone with a right mind and understanding of what it would mean for most, would be naturally inclined against someone in a deeply committed relationship photographing other people nude. And I can easily agree with that. Without knowing the man that was proposing to engage in such a thing, I too would have my doubts. The plain and simple fact in my experience throughout life is quite bluntly that men are fucking cheaters, and that men will do anything to to follow that instinctual drive their DNA has given them. Who knows though, maybe I've simply watched too much of Dateline's "To Catch A Predator" 😂




Some of the concepts roaming my mind lately have been about our ideas of beauty and where we get these ideas of what is right or wrong. I like to play devil's advocate a lot. It's just where my mind goes frequently. I think I like to study logic, and I find it satisfying to encounter contradictions. Especially in my own thinking, as the awareness of these things often opens me up to my own bullshit so I can move past it. That is consistently the hope anyhow.
I really don't have to dive deeply into the fact that society is the creator of these standards, whatever they may be. That should be obvious enough. Instead maybe I'd like to think of the contradictions that exist because of them. For example, a thought came to my mind in where my mother in law would argue that there is no need to see naked women for "work" and that is just an excuse to see naked women. Immediately the role of a doctor helping give birth came to mind. He's viewing a woman in possibly a far more intimate setting/moment than I would be. Is he sinning? It could be argued that ultimately he is doing no wrong, for how else is a child supposed to enter the world, right? It then would all boil down to intent, and the benefits weighed out against every negative factor.

Don't get me wrong, I know from years of being devotedly blind to reason myself, that there's no convincing someone of something else if they are that committed to their current way of being. I don't intend to convince anyone, but I must admit, there is once again a certain satisfaction I receive from watching someone be presented with very solid logical arguments and conveniently ignoring them simply because... well, they're inconvenient. "People don't like having their world views fucked with" as Jed McKenna so nicely put it.

The bottom line, distilled question I truly have is: Who the hell determines what is morally right or wrong, good or bad? Just as the good doctor must bring babies into the world, perhaps I must bring these beautiful expressions into the world. And the people related to me that would argue their beauty based on their own standards... well, they can have their opinions, but this is my life and I intend to live it just the way I have been: By doing what I want.

We came out naked. It doesn't get much more obvious to me that being naked is a perfectly natural thing. We've been trying to document things we find beautiful from the moment we stuck our fingers in the sand. I am responsible for my life and my happiness. No one else. Now, I recognize that it's all a mix, and that harmony doesn't come about by living so selfishly that you inadvertently ruin your life through your choices. I am grateful to say that I have been shaping my life in a harmonious way for a last several years, and I intend to continue doing so. It's not that no one's opinion of me matters, it's that I need to know who's does, who's doesn't and live accordingly. Thankfully my wife loves that shit out of me and supports my passion for photography.

At this point I do not know if I will be photographing other people or not, but it's a beautiful thing to know that if I do, I have the support of my most cherished person. Many know the saying, that "Just because you can, doesn't mean you should" and that might perfectly apply to me shooting other people nude, or in intimate situations. One thing that crossed my mind had to do with my cycle of interest with erotic images and galleries that I frequent. While of course I find these things pleasing due to genetic impulses to reproduce, I now also view them as a photographer and sewing machine jockey. I am lucky enough to count myself among one of the probably very few men in an amazing relationship, that can look at erotic content and not feel like I am lacking something in the woman I am with. I spent several years doing just that, and I'll tell you one thing I've learned over that time is that everything is always about perspective. Heaven and Hell is between the ears, truly. I have been honing (haphazardly) this one facet of life in one form or another, pretty much all of my adult life.

I have been with heavier women and been quite happy, and I've been with fit women and been pretty unhappy. It is the human tendency to compare that is the culprit. We are often comparing what we do have, to something perceived as "better" that we aspire to have, feeling the loss of it though we never had it to begin with. The trick is to compare what you do have, to having nothing at all. If you still feel unhappy then, after allowing yourself to exist in the alternate reality with sufficient focus to analyze it, then you may have something after all. Otherwise, your unhappiness is probably due to comparison in the less beneficial direction.


I am of the understanding that even though there may be no real problem with photographing other women, that the mere exposure itself could possibly cause me to lose sensitivity to my own relationship, just as perusing galleries does for pure enjoyment or trying to find cool outfits, poses, or ideas. That is yet to be known, but I think it is certainly worth keeping in mind. Too much of anything sours what makes it special. It is one of the most fundamental principles there is. In other words: Stay balanced. Even as I write this I am out of balance. With deliberate consideration and discussion, we agreed to spend $3,300 on a new camera and some high quality lenses. While it will at present put our payoff date a month out due to not putting that money towards the house, we felt it was worth having the tools necessary to produce the quality I wanted. This is definitely not an excuse, as our old Sony A55 is almost a decade old now and I have missed focus more times that not. We have upgraded to the Sony A7iii, and by doing so we have evolved into the very recent technological breakthroughs of today. We've went from a smaller 1.5 x crop sensor to a full frame 35mm sensor, and from a mere 15 focal points in the camera, to a whopping 693 focal points with the best eye auto-focus in the industry at the moment. To say the least, I have been overboard on things and have at the moment, ironically achieved burnout. 😂

It seems as time moves forward, we are certainly progressing towards some sort of more beautiful and harmonious existence. Yes, there are bumps along the way, and when they hit they suck, but we overcome them by refining whatever process we need to. We are still moving forward. And while I feel I've let myself down on some level with spending so much on a hobby, the schedule can be caught up on if I truly wanted to do it. The real question is: would it have been worth paying the house off on the arbitrary date a calculator told me I could do it, versus going the next 39 months being frustrated with my blurry photos? Probably not!

We will see what the future holds.




Monday, April 22, 2019

5 Month Update

It has been almost 5 months now and I'll tell you what, it has flown by!

We now only owe $94,681 on our house and have saved a total of $46,799 in interest! I have so say, I have had some periods of difficulty mentally during this time. I have had days where I feel like the road is "sooo long", and when I start thinking like that I can feel the motivation being drained out of me. But then I try and remember the framework I had in place to combat those thoughts and feelings. I remember that I have to live and work these years anyhow, so I might as well make it worth it.

When I start to think of how many hours I am working, and that I "Don't have any time to live my life", I simply remember that my mom worked 80-90 hours per week for around a decade or more. If she can do it, I can work my 60-70 for how ever long I need to. Also, my job is actually quite easy. My body has for the most part adapted to getting 6 hours of sleep a night, so I do have some time to my self during the day whether it is before/after or during deliveries at work (like right now).

In my last post I supposed it would take 4 years to complete this mission, but what I am finding out is that things can happen quite a bit faster than we had theorized. At present, our pace puts us at paying the house off 2.75 years from now if we can continue to pay an additional $2,000/month towards the principle! The pretty crazy fact is, we have been able to put $2,600-$2,300 towards the principle a few times and can probably get there even faster. It is very likely that throughout the journey costs will rise and we will need to adapt, but I have to say, it has been surprising and impressive to witness just how committed I have been to this challenge.

I find that with this journey, balance is very important. I don't really think that I end up working too hard physically, but it is pretty easy to get emotionally out of whack. The number one factor to my struggle ends up being a feeling that I am lacking connection with my wife. It is my desire to get home and be close with her that ends up weakening my will to grab as many hours as I need at work. Thankfully, on the weekends that we do not have the kids she can come along with me and hang out.

Combating anxiety has been a real eye opener. I watch my thoughts shift between feeling like the victim of my job, to being the warrior that will do whatever it takes to secure this house and family. It is nice to already be looking back and not regretting this decision in any way. I am actually a little surprised at my total lack of interest in trading or even investing at this point. It's not that I don't think I will have interest in the future, but that I am so committed to doing what I am doing, that I know to gain an interest in anything like that would hurt my focus on this journey. Well, time to get back to work! Until next time.

Friday, November 30, 2018

A Major decision, and the last post for some time.

I know given the context of recent posts this seems abrupt, and it is, but it's been a carefully thought out subject and we've decided to just pay off the house.

For whatever reason, I am not able to replicate my performance with real money on any level. I have in fact reversed my performance from a 45 degree uptrend with paper trading, to a 45 degree downtrend with real money. I have my theories as to the incorrect actions I am taking, but at the root of those actions I am just too emotional and undisciplined to make it happen right now. While I could continue to trade small and work on adapting to real money, it has come to my attention just how different things could be if I used all that money to just pay the house off instead.

We currently owe about $142,000 on the house. I have spent time using mortgage calculators and we have developed a plan that will allow us to pay our home off in almost exactly 4 years if we are able to follow it.

Out of the $30,000 I started my trading account with, I am extremely grateful to have only lost 1.5% of that ($470) after all my losses, bringing the account down to $29,530. The only reason I am down so little is because I took a trade in Sugar for a profit of $960, and my very last trade (which I closed yesterday) was in Orange Juice which made me about $470. (Fun fact, my OJ went up enough to nearly have me break even on my account that day, but I put in a modest limit order to just get out with a profit.) I did not trade either of those (Sugar/OJ) the way I wanted to, but it's in the past now.

Anyhow, I have transfered the $29,530 back to my checking account and as soon as it posts I will be setting up a payment on my mortgage for a lump sum payment of $37,354. That payment will include a one time lump sum payment of $35k, a monthly over payment of $1.5k we plan on doing every single month, and of of course, our regular mortgage payment which is $854.64. I have determined that if I can work 60 hours a week, we should be able to over pay $1,500 every month and still pay the rest of the bills. Yes, anything can happen to possibly throw this plan off, but I have got so many reasons to do this. I have written them down and would like to share them:

#1. Think of the relief you will feel when you are free of the burden!

#2. You are already used to the hours, and you love your job! You've lasted 9 years so what's another 4?

#3. It's better to attack your bill with all the resources you have for a short period, because the shorter period increases the odds of resources being available to do so.

#4. You will see market opportunities come and go, and you will miss them. Realize that hindsight will cause you to feel that you missed out, but there are no guarantees you would have capitalized on even the best setup profitably. Do not remorse your decision to do this, as you will be able to recoup this money so fast it will amaze you. You will be in a much better position than you have ever been in, so it's worth it to hold off on trading until this 4 years is over. It will fly by, and you can use this time to become a better trader!

#5. You can, and you will do this. Do not entertain any idea otherwise!

#6. You are saving $66,000 by doing this! You could buy an entire house out east with that kind of money!

There are of course other thoughts that I am sure will come in the future and I may update this post with them, but that's all I have for now. Both my wife and I are excited, and this reminds me of the journey I had over the road to save as much as possible so I could try my hand at day trading. Trading didn't work out then, and it didn't work out now, but the challenge of saving and grinding away at it all was fulfilling and just my type of challenge. This is a much longer version of that, but with extremely tangible results that will change things dramatically for us. Wish us well.


Sunday, November 18, 2018

An Overdue Recap & the Heroes Journey

You may have noticed that it's been awhile. Yep. You can probably also guess why. Yep, I had a tough time and tough times can drain the will to do anything out of you, especially if that means putting a glaring spot light on your mistakes. But, lets get to it.

With all the data that I had, I was absolutely certain that I had got this trading thing down. Then I went to trading real money and quickly realized that I had not had the grasp of it I thought I did. At a certain point I literally thought that maybe I had just gotten lucky, even though I had hundreds of trades to prove there was some positive edge there, and that I had found it. I even went back over all of those trades and added in realistic commissions to see where I stood afterward. Yep, still up massively over that period of time.

My wife has even went live lately and found herself having the exact same problem, and like me, now has a significant amount of trauma surrounding real money trading. It is not a problem that I would have thought I would deal with at this point, but that is where my journey has taken me thus far. We spend so much time building mental images of our future as if we can control every aspect of it. The reality is, at best we can control only ourselves and our choices about how to move forward when life presents it's will to us. Life is always the teacher, and there is no lesson we meet that there isn't something to learn or grow from. This trading thing has been a thorn in my side since I was 15, and I just turned 35. Thats 20 fucking years of journey that still has not found me consistently profiting with real, usable dollars.

But, something I have to share is that in the last year or so I have pushed harder than ever. I have gotten beaten down by the Goliath of depression so many times due to trading losses and confusion. I have felt the weight of that invisible giant's foot on my chest as it stares down to me and screams "GIVE UP!!". And as humorous as it sounds to put it this way, I feel like Neo from the matrix. Not yet the one who can stop bullets, but the one who is starting to believe. The one who has just been brutally murdered by his foe, only to take the impossible next breath. There are many times that I doubt. But those times they are increasingly accompanied by the immediate look down the other path. The road I have been down so many times before, that I know leads to a life I do not want. I have to ask myself often "Is this heartache really worth what I want?". While I would say logically every time "Of course",  my heart takes time to catch up. I'm really grateful that I named my trading venture "Never Give Up". I don't know where I would be without that one facet of all this. It has been like a totem for me. If I hadn't had that phrase printed out on my clothing to see everyday, I may not feel as compelled to keep going in the same way I am. Why would I say never give up? It sounds so damn obvious to anyone. You'll never achieve what you're striving for if you give up. But maybe the obvious part isn't the reason. If you never give up, yeah, maybe you will achieve your dreams, and maybe not, but you will become something along the way that you would never have become.

You know, I was just talking with my wife a few days ago about how I want to transform from someone who views these unwanted outcomes in my trading as devastating and depressing, as just another chance to improve and keep going. I want to have a powerful mind of a warrior. And really, I realized as I said it, that is exactly what I am becoming. It is the fight within ourselves to keep going in the face of failure and fear that sets all warriors apart from those who let their dreams die, as they return to the safety of mediocrity they know they never wanted. And you know what? It isn't even safety they go back to. Quite often it is just a hell they convince themselves is what they wanted, because they weren't one of the lucky ones.

I am the hero of my story. Fucking plain and simple. But I am tired of making declarations that I can do this. They do nothing but set up traps to fall into when they don't work out like my mind envisioned. The hero doesn't need to know exactly what's going to happen, or why, only that he will not give up until it is done. What is to be done? To take the next step, again and again.

I find that trading is a hyper-distilled and direct experience compared to most encounters in everyday, average life. I'll wager that most don't even realize what experience truly is. The saying that has been with me for so much of my life, (that "One man's trash is another man's treasure") speaks exactly to what even the most mundane experience is, which is the experience of reality through the filter of the mind. I argue that trading is the hyper-distilled version because the results are so immediate. It seems unfitting maybe, but the first parallel that came to my mind just now would be someone bashing their head into a brick wall. There is no one there making them do it, so the reasoning and results of that are entirely up to them. Just as it would seem insane to ram your head into a wall, it seems insane to just give your money away with the click of a button. But there are people that do both of those. Just look on YouTube for proof. The obvious question is, why are they doing that? It is because the filter of their mind presents reason to do so.  The problem, is that our nature is often so neglectful of considering variables that can protect us because we are so locked on with tunnel vision towards the reward.

In the grand accumulation of all my experience, the most accurate explanation I can surmise is that the failings of mankind are due to a lack of impulse control. We know sugary foods are horrible, but we do not control the impulse to ingest them. We know sedentary lifestyles are unhealthy, but we cannot overcome our impulses to remain stationary. We know that we cannot afford pregnancy, but we cannot overcome our impulse to experience those few seconds of bliss. We know we do not have the money, and that debt is financially crushing, yet we give in to the impulse to have what we want (and often do not need) right now. That very desire to have what we cannot afford, at the risk of financial ruin, is what has led this country to what will soon be a devastating correction.

I think the reason we cannot control our impulses is due to one very clear and dangerous fact. The effects of poor impulse control are almost always delayed. You don't instantly become overweight from a poor diet. You don't instantly become strong and fit from working out. You don't instantly have to care for an infant after the deed is done, and you don't instantly go bankrupt the moment you borrow money. If we received the logical outcomes immediately, far less people would make these decisions. You do however get an immediate response from bashing your head into a wall, which sadly might be the only reason more people don't do it. Unfortunately with trading, just like all the examples above, you can be rewarded in the short term for making boneheaded decisions. And as we know, that will likely keep people taking the risks.

There is something about trading real money, that nothing but trading real money can prepare you for. It is the true fear of loss that clouds our judgment, often causing us to take trades we should not be taking, then not to exit at a small loss while it is still small, and then hesitating to take the setup that would have resulted in an overall profit. While I have taken larger losses with real money, it has thankfully not been due to stubbornness and fear of a small loss. It has often been a result of my lack of knowledge with the platform.

Something I have suspected but not been able to arrive at clearly until recently until now, is the relationship between position size and volatility. I apologize if I have covered this already, but my mind is not so clear and I am just going to say it anyhow. Tim has always strongly advised against using leverage. I have found that I am really not all that comfortable trading $1,000 positions on the lower priced volatile stocks. They just move too fast and represent too much of a risk because of that. It is very easy to lose a lot of money on them, even though I am not using leverage. In fact, Tim recently released a video discussing the use of leverage and after watching it I added some comments that I thought were very appropriate.

"I completely agree with Tims warning, but there is a caveat that I think is important to mention. Tim is always talking about trading volatile stocks. You don't want to waste your time playing something that is not moving, because there is no opportunity in a stock that isn't moving. Leverage, can be used safely and effectively to synthetically amplify the volatility of a "slow moving" stock, such as twitter or something similar. To clarify, even though the stock might be moving slowly % wise, it may be moving comparably $/share wise (and offer an even tighter spread) than a lower priced stock may be. You still want to ideally trade a stock with a good catalyst, on higher than average volume, that has a good setup that will give you good risk to reward! Think about it: Suppose you have a $5,000 account and use a $1,000 position (333 shares) on a volatile low priced stock, of Lets say $3.00. Consider a high odds setup appears that sees you risking $.10 to make $.30-$.40. You take the trade and you lose $.10 or $33. No big deal. Lets say the same setup shows up on a $60 stock with the same $.10 risk to make $.30-$.40. Safely using 4 times leverage you size up to a $20k position (still 333 shares) and you lose the $.10 on the trade, or $33. Without leverage you would not have the opportunity to take that high odds setup. In that case leverage was not a danger. It is in the case where people lever up on low priced volatile stocks that extreme danger exists. You can get horrible fills and lose far more than you should ever lose! I personally don't like using even 20% of my account on low priced stocks for this very reason. Basically, these low priced stocks are so volatile that you actually need to use inverse leverage to trade them safely!"


I feel kind of slow for not realizing the concept of inverse leverage before making this comment, but I am glad to have made it so clear for myself. There is nothing wrong with leverage at all if it is risk adjusted leverage. Sticking to $1,000 positions for those volatile stocks may seem like a small size, but for my risk appetite it is just too much if a stock can move $.50 in a matter of seconds. It's not worth losing $50 so quickly. I am running out of time this morning, but I think that is a concept I would like to expound upon further in a post pretty soon here.

Tuesday, October 16, 2018

Real Money Recap: First 10 days

It's been 10 days since my first real trade already?!?! Wow.

It has been a roller coaster for sure. Friday the 5th is when I subscribed to live market data for $20/month. I made $51 in 82 seconds on $TLRY. It was setting up so I went long. The instant I was in a position some tab scrolled up blocking my access to the trading buttons on the chart. What would have been $150+ ended up being only 1/3rd of that.

I thought about nothing but trading all weekend, and I believe I even traded the open of some day in my simulator, Think or swim on demand. Ended up making some money.

Monday rolls around and I made $87.50 and left a ton on the table because $IGC just kept running. It's okay though, I did not feel bad about it as I know this will happen often. What blew me away, was knowing how much money I would have been up if I had been trading that $13k size position from Friday... So much potential.

Tuesday I ended up taking no real trades because of an account setting I had that sweeps my excess cash over to the commodities side of the account, which disqualifies it for use on equities or something. I changed that setting and traded in the sim.

Wednesday the Market was very slow and I made some mistakes, which I covered in my previous blog post. Ended the day down $53.20 after commissions, which was about 2/3rds of that!

Thursday was slow as well and I got the inclination to walk away from the market down only $3 on the day, but $TLRY looked like it was setting up for a break higher and I took the bait. This is where my week really got worse. One beautiful thing about interactive brokers is that you can set your orders to size your shares based on a dollar amount, so your equity performance and dollar performance are much more closely linked. It keeps you swift as you no longer have the burden of doing the math to size your positions and can just click your hot keys to enter the position. Unfortunately I did not read the fine print when I checked off the option to set my position to be $1,000. A little box popped up that told me "Any position under 100 shares will execute at 100 shares", so when I went to trade $1,000 of a $136 stock (which would have been only 7.3 shares) it got me in at the minimum 100 shares, a $13,600 position! That is just one of the mistakes that ruined my day. Another unfortunate mishap was that I was setting a limit order to enter on the break of a recent high, and it executed me instantly at basically the top of the resistance instead of on a break of it like I had planned. I still do not know what happened to cause that, but regardless, I was in a position that I did not desire to be in. It was only 10 or so seconds after execution did I even pick up on the fact that I was in with 100 shares. I was panicked, but I decided to see if the trade would turn out as my instinct had suggested. Well, no it didn't because my instinct was only wanting to go long on the break of highs, which never happened. I took a loss of $110...



I then told myself "I am very familiar with the way this stock moves, and every time I trade it I walk away with profits on it". With that in mind I decided to stick with trading it and at the same $13k position size. I ended up taking 2 more losses and finally caught the bottom, but was shaken out given the fact that the stock kept making lower lows. The interesting thing, which seems to be happening to me a lot in this slower, choppier market, is that I end up taking losses when the stock offered me gains. If you look, the second and third entries would have paid me back and more on my first loss, and the fourth entry would have done even more so! Instead, I ended the day down over $330! It was a sorrowing defeat for me that day, because I had said earlier that I was going to walk away because the market was slow, and I was down $3... While $TLRY did have potential, I simply disregarded my own words. What I had realized after my $TLRY incident, was that it was having it's lowest volume day in a month, and the range on the day was only $4, which for $TLRY was not much, especially given that the spread alone on that stock is routinely $.50-$.80!

It was very difficult for me to face the markets again on Friday, and my only goal was to finish up green. I wanted to go into the weekend in the green. One thing that did help me feel better, was to realize that the loss I took on $TLRY was so damn small, that had I been trading it as a $1,000 position, it would have been basically a $10 loss... That's NOTHING! While I was tempted to come back trading with that full $13k size from the day before, I knew I was probably not in the best emotional state to be doing that. I ended up coming back to make $41.61 Friday, but commissions ate into that making it only $22.20! While that is a bummer, I am trying to keep in mind that I am trading $1,000 positions to acclimate myself into trading real money and the emotions that go with it. I still struggle to lose $20-$30, but I think that can be minimized with the right perspective. I mean, I'll go out to dinner and spend that without remorse (usually), why can't I spend $30 happily and without stress if it means I can get $100 back?

As the weekend ended, even though I finished green Friday a lot of enthusiasm had left me. I am trying to learn to let it go so that I can maintain the proper mindset for this. Without the mindset there is no long term success. I didn't do any studying that I can recall, but I also couldn't wait for Monday to get back in the ring and make up those losses. My goal was not to make them up though, it was just to trade good. And, I have to say Monday was another frustrating day. I took so great trades but just (once again) left a lot on the table!



I actually traded $TLRY because it was setting up. This stock can bounce like crazy and it usually puts in a nice long green candle with volume as the signal that the bottom is in. Even though I hesitated and did not take the initial entry I wanted, that would have paid me hundreds of dollars easily, I still traded it too conservatively when I actually did enter! Thankfully when I was at work turning on my platform to record my days charts, I saw it had broken out hard and pulled back. It was an important level to break and I felt the need to take the opportunity for continuation on the stock, so I did. I ended up making about another $90. It crashed pretty damn hard after that so I was thankful to have exited pretty much perfectly on the remainder of my position.



















So that was a nice way to end the day. up $238.70 real money on the account, but I was still bitter about not having executed on my gut and buying what was essentially a routine bounce for $TLRY. Literally ever dollar per share that thing moved would have been $100 profit to my account, and I legitimately missed about $10/share of moves, to be conservative about it. Anyhow, I had made up the losses from last week and was still up $14 from when I had come back to real money trading.

Today I came back to trading a $1,000 position, and the only stock I traded was $FFHL. It popped up on Ross' scanner and I felt like I should take a stab at it. I almost got stopped out, as it violated the lows just barely, but I held on and had set my limit at high of day. I got filled as it popped up and came right back down for $112 on the day. I said I was done, and I kept it that way, even though $TLRY had some incredible movement this morning. It ended up hitting $170 premarket. I had a feeling I should take a small over night position on it, but I did not do it. Oh well. My goal for next the rest of this week will probably be to continue trading $1k positions and just slowly building my account. I just want to prove that I can do it with this size, and then naturally I can increase it all. I have just $30 to go to make up my losses from last years real money trading!



Wednesday, October 10, 2018

Red day recap and digesting my mistakes

While I was green on Friday making $51, green on Monday making $87.50, and Tuesday having no trades because the cash in my account was not available, today I lost $58.10.

Why does this deserve a blog post? Because I have some key points to talk about, and I am using the lessons I perceive today to grow instead of beat myself up about things as I have so heavily in the past on days like today. The funny thing is, I say "Days like today", but today is not a catastrophic one like many of the past even though it is a red day. Just in having taken the time to reflect and see these lessons today, I already see a gigantic change in who I was as a person and the difference in how I would have handled myself just weeks ago. My problems today are basic, crystal clear to me, and most importantly nothing that I need to get upset about. It was not an easy day today by any means, and I do still hear the remnants of that demon in my head that wants to take over and make it mean things it doesn't have to mean, but it's more like I am observing from a monitor in a secure room while it is locked up in a prison cell.

Today started out much like the last two days, meaning not much up on the scanners, and what was up did not have much volume behind it. To start the day I took some premarket trades on something with decent news,  volume and a good chart setup. After the open it had a brief spike that failed so I tried to buy a dip, took a loss, and I did not touch it again. It proceeded to fade all day if I remember correctly.



















If you notice on the chart above, I never respected risking a break of the lows and got scared out with small losses. Furthermore if I had held my position of 249 shares from $4.01 I could have sold into that spike at the same $4.43 (on my chase trade) for a profit of $104.58 if I would have simply respected the lows. Instead after all those trades I took a profit of only $6.02, which after commissions is a loss of $6!

I basically made the same mistake on $ACRX with not respecting the lows and getting scared out of several trades that never would have gotten me out before a good profit opportunity. However the $ACRX trade was not a planned trade at all. My wife pointed out that it was rocketing, and then Ross in the chat room pointed it out as well. I looked into the news and it had just been given a price target of $10, which means it was a long way away from that. I wanted a pullback to get into and it did not seem like it was going to give one, so I took that initial position with the goal of cutting quickly if wrong, and I did. I kept trying to play it due to the news, but I guess the market in general is not hot enough. Either way, a good deal of profit was available to make up for any losses I would have taken if I had simply respected risking off a break of the lows. It was even making higher lows, which I did notice.








































I did happen to trade two other stocks well today. $IGC (+$16) and $ASTC. (+36)




















All throughout the session I had to keep awakening to the tense state of my body to consciously loosen muscles and breathe. Surprising as it may sound, I often had to do that with my paper trading. People in the realm of trading frequently say contest that paper trading isn't any help, but I think it is if you have the ability to operate from the conviction that what you are doing is real. We see people all the time playing video games on edge because they've suspended their disbelief and have become invested in something that for the most part holds no real world threat. The best performers in any field are those who can detach as if there is nothing at stake, so that they can enter a flow state and execute optimally.

I have been employing (or attempting to employ) some very specific perspectives on this journey in order to operate from that detached place as much as possible.

Every morning I attempt to remind myself that cutting losers is so important, that it is basically the strategy itself. While I am experienced and have a repertoire of tactics that come to me without effort at this point, none of them can have any hope of expressing a long term advantage if I can't keep my losses small when the trade does not complete the pattern as anticipated. 

A reminder I tell myself to help ease any difficulty in cutting losers, is that I have plenty of money in the account, plenty in the bank to replenish some if needed, and a great job that I can earn to replenish with as well. There is literally no need for me to fear taking a small loss. But, as simple as all of this is, it is not easy, and that is the paradox. The real work does not so much lie in strategy, but in self mastery. Caring enough to cut the loss and follow the rules, but not caring so much that you are too scared to trade or respect the risk in the first place. Today, that was my shortcoming. It was my fear of losing that caused me to lose money today.

To sum up the errors for today:


  1. I kept trading after I noticed the market was slow, as it has been for a few days now. There were very few stocks gapping up on big volume. I forgot to trade the market we are in, not the one I wanted to be in. That means that buying dips on support and taking small wins is probably going to be the recipe for success, but that's my general attack anyhow! I chased some moves and it was not ideal for the overall market energy. 
  2. I kept trading after I said "Ok, I'm up on the day, I'm going to walk away". When I said that, I was up $47 on the day ($70 something before commissions). From now on, if we are in a slow market and I say that, I am going to stick to that. I only kept trading because $ACRX popped up with what seemed to be a good enough catalyst for a trade. 
  3. I kept trading as it was moving into midday. Volatility just dries up and people aren't trading as much. That means potential for follow through is much less, and trading is just a bad idea for someone who want's quick and volatile movement.
  4. Possibly the most obvious one of them all is that even when I did come back to trade and spotted come correct big picture patterns, I got scared out of them because I did not respect the risk off the lows. That means I was trading my P&L and not the chart. (I will add the caveat to that, that there were big sellers on the ask that kept pushing price down. While I did felt the squeeze was coming, and it eventually did, what matters is the price and level II right now. Right then I was seeing much larger size on the sell side than the bid.)

After running all the numbers, had I respected my risk I had the potential to make a combined total of $248 on the day  (including my other trades) instead of losing $58.10.

To be fair, If I had made that initial $104 on $NVCN I think I probably would have called it quits or traded very differently, as this first week my general desire is to make at least $50 a day. Who's to say though. Either way todays lessons are very important and need to be remembered every moment during the trading session. I am thankful to only have paid an amount that can easily be made up tomorrow if the market presents a good pattern and I trade it well.

This is all hindsight, and hindsight always makes it feel deceptively easy to know what you should have done. Hell, I could have respected the lows and kept getting stopped out for larger losses than I did today, which may have ended up me being down even more on the day. It's truly anyones guess, but I have to keep reminding myself of one monumental truth: I have over 9 months of tracked trades that shows I can't just be getting lucky.

























During Step 1 the goal was simply to trade the chart and see if I could capture more % positive of a stocks upside over time than I lost.


























During Step 2 the focus began to be equalizing my position size over all trades so that the dollar gains more accurately reflected the equity gains. In the very beginning I had some major mental hurdles brought about by the size of the positions. I got stubborn on only a handful of trades and took devastating losses, that most of, if not all, where in profit at one point or another. The bottom line is, I was truly devastated by these losses because to me it meant I would never be successful. After regrouping and almost giving up entirely after 19 or so years trying this, I began to think differently. I began to understand that if I did give up, I would never be what I wanted, or achieve what I had desired so much of my life. The only change that took place at the apex of this chart was me lowering position size to a mentally manageable level, and cutting losers.

I try to look at these charts often and realize that is what has made all the difference, and that the same person who has turned horrible results around on paper, can continue the upward trajectory with real money. Perhaps the only real world hurdle I face besides my own discipline right now, is commissions and not trading on the platform I love that allows me to see everything I need to see to trade my best. This first week I am trading with only $1,000 positions, and although my commissions are quite small compared to the rest of the brokers, if I trade too much by taking less than optimal setups I will eat away at my profits in a very detrimental way.

























I have since made what looks to be a turn around since I stopped trading a year from the very last real money trade I took. I not only find it hilarious that it was basically a year exactly that I came back to real money trading, I find it consoling, because so many things in my life seem to happen so coincidentally as this. I am certainly not saying I have mastered this, either in concept or execution, but I am saying that I have never been more convinced that I am going to make this happen in a big way. My present course forward has me getting comfortable with trading $1,000 positions and slowly ramping it up so that commissions don't eat into my profits so much. As of right now with a $1,000 position, if I make a 5% gain on a stock that would be $50. If I am trading a stock that with 250 shares, the commissions would be $2.50 per round trip trade. Just the commissions alone would eat up 5% of my profit because I am trading a per share commission structure. In the future as I increase my standard trade, I plan to switch to a flat fee per trade at some point. Anyhow, today was just one day out of the journey, and I got something out of it.