7/15 will officially one year since my move to Hawaii. Within that year, a lot sure has happened! Full time trading no doubt tops my list and I still cannot believe I have this opportunity. It has opened doors and given me an incredible vision of what my future will hold. I am looking forward to my first official quarter of training reporting but as of right now I am up 100% on my account in just 3 months. I-N-S-A-N-E.
The biggest lesson I have learned thus far is that LESS is truly MORE. Days when I trade 1-2 stocks typically produce my largest gains. I have also realized, through continuous analysis, I crush in Retail and Tech. Tech has been fascinating to me and really a focus just within the last six weeks. The ATR within tech names are incredible, and even if there isn’t huge momentum in the daily, the channels quite often produce reasonable trades for decent gains.
That being said, if they don’t seem strong in direction, or the market is just churning, I have learned to stay out. I do not need to trade everyday…I think this is a lesson that would behoove many new traders to learn early in their journey. There is no question, it is hard but those days when I force myself to take no action are the days I am most proud. Money kept out of trades is money saved.
I will detail this in my recap at the end of the month but big goals are being set along with plans to accomplish said goals. After all, a goal without a plan is just a wish and there is no wishing well in my plan.