richesndreams

Hey Huddle - wrote you on Twitter too. I recall you told me which broker you use now (which platform?), but what did you use 2-3 years ago? I don't have the money for platform fees right now. Do you suggest I just stick with TD Ameritrade for now and use the limited ETB's that they have? What did you do or what do you suggest? Thank you!!

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DominicanWolf
DominicanWolf Apr 14, 11:50 AM

Awesome post! It is inspiring me to keep learning the market and pursue my dream of being a full time trader! Thank you Mason

MikeyMoe
MikeyMoe May 19, 7:43 AM

Lots of good nuggs of wisdom here. I'm almost 2 months into the challenge now and glad to come across a post like this. It's refreshing to see some long bias, everywhere I turn it seems that people want to drop the hammer on stocks-ha! I can see where you are coming from with understanding the mindset of a short seller to help with long setups--Spikeability and Short Stocking have given me some perspective on this, as well as SEC filings and the book the art of short selling by kathryn staley se

wildwes
wildwes Sep 09, 7:51 PM

awesome post @mason_fecht! I've been focusing lately on avoiding getting shaken out of my trades and am having much more success!

Drogomirdrogon
Drogomirdrogon Sep 09, 11:46 PM

wow man, very inspiring! thanks for taking the time to share this with us. i've been a trading challenge student for a under a year now but i've only been trading for about 4 months. When i get discouraged its post like this that perk me back up and keep me focused. Thanks.

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richesndreams

Hi! What helped you the most? What helped you with consistency? You trade longs - me too! How do you deal with discipline to do the set-ups you like/know? Thanks! :D

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HappyMoni
1
HappyMoni Sep 24, 18 11:06 PM

Thank you for sharing ! so inspired by you ! Trading teaches us so much about ourselves, is a personal growth about mastering our emotions and self discipline. thank you again ! will be following your journey to success !

richesndreams
richesndreams Sep 25, 18 9:05 PM

@HappyMoni Wow! Thank YOU for reading and responding! I am touched that you were inspired by my writing and journey. The markets do teach us a lot about ourselves. It's truly more of self-mastery than market mastery. You are welcome to follow along! :D

HappyMoni
HappyMoni Oct 10, 18 11:13 PM

I'm so sure you will do it, excited to follow this amazing journey !

HappyMoni
HappyMoni Oct 10, 18 11:17 PM

Can you talk a little more about the RSI? and if you you still have any videos or literature recommend about it. Im looking what i can find about it. :)

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richesndreams

You always comment on my posts in chat. You're a good supporter! Thank you! I hope you're doing well. 8 months into the game and it is taking me THIS LONG to shake off chasing at the top and just buying when it looks right without always waiting for good set-ups. Hopefully I am turning this losing ship around now...

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Jasrai
Jasrai May 30, 18 1:34 AM

how big was your first account size ?

papajohn
papajohn May 30, 18 6:30 PM

@Jasrai I started with about $12.5k, and added another $11k after I lost about half that initial amount.

richesndreams
richesndreams Aug 04, 18 8:40 AM

Thank you for this post. I have locked myself into a money-losing pattern. Hard to break stupid, bad habits. This post encourages me to stay focused on what DOES work. Thank you again.

NFlash
NFlash Aug 20, 18 4:39 PM

GREAT article!! It sincerely was just the inspiration that I needed! Sorry to ask but if you don't mind, would you mind sharing a template of your excel file? Thank you! NFlash,

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RichieRichW
RichieRichW May 13, 8:19 PM

Jack, this lesson brought back some of the most painful memories I ever experienced trading stocks. I've been caught like that as well, but I just ended up becoming a bag holder for about 6 months. I was long the stock and it moved against me but I was full of "HOPE" that it would come back and I would get my money back. Well it never did come back and ended up going all the way down to the .oo5's then .004's and so on and so on. The thing is that I got into it at the .20's and it ran all the wa

Jackaroo
2
Jackaroo May 13, 8:24 PM

@RichieRichW what a story... sorry to hear man. It really all comes down to cut losses quickly! Add to winners, NEVER losers, and never hold and hope.

jcash3485
jcash3485 Jul 21, 6:00 PM

Jackaroo I took a major lesson from this video. Thank you for sharing, this probably made you a 10x better trader then you were before, and to man up and recap it and make a video of it for others to learn from is class act!!!!! You already knew what to do and now I bet you will never forget it. Probably one of your greatest learning lessons that sharpened your skills even better for the future. Thanks again man!!!!

drog
drog Sep 28, 6:13 PM

Thanks Jack for sharing

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richesndreams
richesndreams Aug 11, 18 9:34 PM

I am encouraged! Thank you for this post, for the reminders and for telling me that you used to use STT but that you use Equity Feed now. Thank you! I must do better on discipline and focusing on a smaller number of set-ups and STICK TO THEM without allowing FOMO to get to me! I know I NEED MUCH MORE DISCIPLINE!! I need to turn this losing ship around!!

LHowell
LHowell Aug 15, 18 12:32 AM

Thank you for sharing your very honest and inspiring anniversary post!

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richesndreams
richesndreams Apr 17, 18 12:04 AM

Good deal, man! Thanks for commenting! All the best!

JeepTrader
1
JeepTrader Apr 17, 18 11:18 AM

Great post. Yes, we all have to be patient. I'm glad that I have a J.O.B right now to allowing the ability to pay bills and learn at the same time. Focus on learning and the patterns. The money will follow.

richesndreams
richesndreams Apr 17, 18 10:07 PM

@kobayashimaru Rereading these comments. Yes! As Anand says, it's ALL about the trade!! I need to BEAT this into my head!!! Over and over again!!!!

richesndreams
richesndreams Apr 17, 18 10:08 PM

@JeepTrader Me too! Haha...got anice part-time gig going. I want a $1M dollars to keep me going for the next 60 years! Yes, patterns are SO important. They do happen aagain and again - some more than others. Patterns make our trades more predictable, more confident, more playable and bankable with less losses.

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