Attaboy. Thanks for the post. I am inspired by your transparency. Love it.

Been really digging your trade review podcasts with reverselong, you're gonna bounce back from this.

great post thanks

good for you to take a step back. Some of my biggest losses were when I was trading while preoccupied by household problems that required my attention.

Love how you found your own strategy completely different from a bunch of folks on here and stuck with it.

@BBaccSoon thanks!

@SeanLacap Love how you decided to share your aha moment right when it clicks. I've blown up as well and took a 2 year break before finding the challenge. Been tracking my trades by setups in Excel and have narrowed down my trading to 2 setups. I had a small starting capital so my gains have also been small, but you’ve confirmed that my process is correct and I just need more screen time/experience. Thank you for these blog posts, and for answering my question in chat re: $TRTC that led me here

@taiwan I do remember your question regarding $TRTC. Today was such a slow and red day. We were all searching for plays that were non-existent today. Your process sounds a lot like mine at the moment. Just need more screen time like you say!

@SeanLacap hey Sean great post please let me know how can I join Canadian challenge community. I am from Canada as well.

focus, sizing, stats, gr8

Love this. Thanks Ellis.

Thanks Ellis! Exactly what I needed to hear.

+

Thanks Ellis.

Thanks Jack!

i hear the pain, a defining moment for sure. i want to hear your thoughts on this trade now that youve come back stronger

Thanks Jack great lessons.

Thanks Kellogg for the valuable lessons from this review!

great story jack. you had a desire and faith. thats why you did'nt give up. that is a true uncle who supported you and gave you good advice .I am studying hard because one day im going to reach my goal.thanks again for sharing your story.

yuhhh

@Jackaroo Clearly this was about 3-31/2 yrs ago. Looks to me like a little confidence of someone believing in you can make all the difference in the world. Congrats on your success Jack! I truly believe we all have it in us & it just takes hard work & 1 person believing in you & believing in yourself. Your uncle is a great man.

In the same boat. My dad doesn't believe this is going to work. He's seen me putting thousands and thousands of hours studying the market every chance I get. He's straight up told me that this will never work and that I will fail. The only way to fail is to stop. That will never happen. At the same time, it's time to put the hammer down. I finally have the $ to trade with again, it's go time!

Ellis thank you for this video man, this was such a great model trade from the setup, the reading of price action, the add at 1.20 with clear plan, the change order tip, and the exit. Learned a ton from this one and bookmarked for a rewatch later on!

+

Thank you Ellis

Thanks Ellis

What a positive stuff ! Big respect for that!

No question that the self accountability and creating good life habits outside of markets hours leads to better discipline within them, appreciate it as always!!

Thank you Ellis

Thank you Ellis

also, tradervue is best to disect stats and go over trades fyi

@reverselong Ye I love Tradervue, definitely worth the money. Sometimes when trading small I like to use gross since commissions might give you a distorted view of your performance.

@BBaccSoon yes, that is true. however if you are spending too much on commissions but improving with trading, maybe gotta switch the brokers up. for example, if going long maybe you trade with brokers that have free commissions. Also with shorting Trade zero sucks. if you hold over night with trade zero, its like $300/night. gotta be aware and keep track of slippage as it does eat up unnecessarily.

@reverselong Ye I wanted to hop on etrade but unfortunately they don't operate in Canada. Even IB Lite is only for U.S. customers. I will keep that in mind for Trade Zero, thanks. I did open an account there a few months back but was waiting until I had more capital to fund it to short tickers I wouldn't be able to with IB. But based on that it seems best to just wait until I have enough to go with a broker like Cobra or Centerpoint.