Today I was reflecting on the year. Man, its been quite a journey. I started a couple of years ago trading and breaking all of the rules while not even being aware of it. I put trading aside for a couple of more years while getting my accounts a little more sizeable but still way under PDT. I worked on studying like crazy, getting an office space, better computers and just taking everything very serious. I tried to trade with shorting intraday, but my stats on that has never been good since my accounts are not sized up over PDT properly for that. So, instead I stick to what I am good at. Even during my days of trading like an idiot a few years ago, I was still able to do real well with shorting email paid pumps. I decided to keep that going in 2019 while learning since swinging email pumps with good entries is pretty safe. My IB account has more than doubled and I'm on my way to getting over PDT pretty soon as long as I stick by the rules. This game is all about being diciplined, knowing all your sh*t and having risk management/risk reward management.
Earlier this month I decided to fly out to Texas to do some volunteer work for hurricane victims. I've been swing trading pumps lightly while here with GTCH and CTXR. Feels great to be able to do it from anywhere and be profitable. Been studying all of Steve Nisons books as candle stick patterns help alot about telling the stories of pump and dumps when they get good volume. Even with light volume, the candlesticks tell a story with 1 day and 1 week, etc candles. All this knowledge adds up and helps you trade better. I love it.
Anyway, this past weekend a group of volunteers and i traveled to south Texas to a bordertown beach over here (didnt have my passport for Mexico) and I decided to close out my CTXR position on the beach in the bordertown in Texas as I reached a cool milestone in my IB account. I could have held and let it drop more, as it will eventually collapse back to where it came from, but the milestone was kinda cool and I wanted the last day of the year off.
I also decided this month to quit drinking and 2020 will be alcohol free. I'm going to be looking to treat this as an olympic sport in 2020 like LX21 as when I pass PDT, the game will get harder as dicipline will need to be strict when trading intraday. I cant wait.