Deep | Profit.ly

It took me over two years to get to this point

The Journey So Far

Phase I(2015)-

I found Tim Sykes two years ago but couldn't trade because I was 16 at the time so I started watching his free content on youtube, reading books, reading blogs on various websites. I eventually bought the HTMM DVD and devouring the content staying up till 1-2 until my eyes were burning red. Those two years I basically used to diverse myself in the world of stocks and learn all the terminology(if you want to be an expert on something, learn the vocab) and the patterns and developing the mindset needed to be a disciplined trader. This phase didn't feel useful then but it really helped. I remember watching my first ever video lesson and not having a clue about anything Tim said but I stuck with it and now I know most of it.

Phase II(2017)-

(Jan)- I bought a monthly subscription for PSS and STT in late January. I started paper trading at first using the chatroom to find stocks. I would blindly follow alerts and the hot stock the chatroom was talking about.

(Feb)- I developed my own scanners and solely rely on those for my set ups of the day. I only use the chatroom to see if I'm on the right track. I started to figure out which scanners and set ups work best for me and their success rate. Overtraded a lot and get out usually in less than 30 seconds after taking about 0.01-0.05 cents/share. I started February with $2000 and ended it $1776.9 and a winning rate of 69%. Also used a guide for position size:

STOCK PRICE	SHARES	TRY TO MAKE	STOP LOSS
1-2	1200	0.12	.08
2-3	600	0.24	.016
3-4	400	0.36	0.24

(MAR)- I became comfortable with a pattern(dip buying stock off of/above VWAP, EMA with low RSI. I started the paper account with $2000 and now I'm at $3019.5 in 8 days of trading with a winning rate of 80%. Now I want to focus on entering better trades and practicing holding longer cause I'm always selling before big spikes and missing a lot of profit. If I want to grow my small account I need to focus on trading less and holding longer.

This didn't happen overnight, it took me two years to get to this point and I still feel like I've only scratched the surface of my learning. I see a lot of people posting pictures of themselves with their notebook on their desk with a video lesson on the computer screen with the comment "studying #success" or something cliche like that but I feel like some (not all) of those people aren't really studying to study but more to make themselves feel better. Real studying means staying up late or waking up early and cramming in every second you can to learn something new even on the toilet like Steven Dux. And it's not only about working hard but also working smart. No matter how much you study, you won't see improvement unless you're tracking and improving.

FEB PERFORMANCE