When I first began my journey into day trading, many told me it was a waste of time and mere gambling.
Family and friends would constantly put me down, telling me my "dream" wouldn't last. After enough hate, they turned my extroverted personality into introverted.
I knew what was and wasn't possible because I saw the opportunity day in & day out.
I kept to myself while they partied, I listened while they talked, I believed while they hated, and I worked while they slept. Day trading certainly isn't easy, but it is possible.
One night in late 2017, I was asked to babysit my little cousin by my aunt and uncle; I agreed.
As soon as they left I started studying. Not wanting to get caught in the act, I was watching the time closely. Unfortunately for me, they came home early, and I was studying.
My aunt gave me a disappointed look.
Fortunately for me, my uncle came in and seemed interested in what I was doing. The first time someone ever showed a true interest.
I apologized for not watching my cousin very closely; he told me not to worry. He said, if you 'stick with it' long enough, you'll be a consistently profitable trader.
It would eventually pay-off. This same uncle was on Shark Tank, but never got a deal with the sharks. He didn't get to realize his goals, but he believed in me. I started young and had plenty of time, he said.
In 2018, I saw him at a family gathering and told him my profiting result was $30k. He looked surprised and super happy I was gaining momentum.
Then in 2019, I saw him while I was in the middle of my $RIVX short-selling position. I was feeling down and out. Nobody knew what I was going through.
I started telling him everything: My back against the wall with just a few thousand left to go before my Cobra Trading account went below PDT. Nearly down 100% on my position over a couple months. Bleeding 2-3% more each day. He told me to trust my plan and gave me a sense of comfort that no matter what I was learning and developing.
A couple of weeks later, $RIVX crashed and got halted. I covered my short position at $0.25 for a 95% gain (the stock traded as low as $0.0001).
This turned out to be my new biggest gain and first five-figure trade, but it meant a lot more to me that that.
After that trade, COVID became very prevalent... I haven't seen much of my family lately. I have not got to update my uncle all year.
I have used all the gas in my tank each day, dedicating everything I have to the market. This year alone, I have passed all my short-term goals.
I'm coming close to one of my long-term ... $1M. I'm currently at $900k, but I want to dedicate the last $100k in his name. I want to realize what he never got to but always believed.
All you have to do is, "Stick With It"
- Uncle Larry