I have made only 3 real trades so far and aside from the sloppy mistakes of first time traders, I have found one of my major weaknesses that can relate across all 3 of my trades so far. That weakness is entry point. I have watched all of HTMM, some of the dvd's twice, the trader checklist, and countless hours of the 4000+ video library. Yes, I can be as well prepped beforehand as possible, but if I have learned anything throughout my 6 years of training and fighting in the sport of boxing, its that no matter how prepared I am before the fight, I will never be able to excel until I am actually engaged in battle and put under heavy pressure. Once I am put under that pressure, I adapt and overcome to bring home the win. I may not win all the time, but if I win majority of the time I will be happy. That mindset right there is what I am transferring over to the trading world as I think I have found my new passion. I have done a month plus of prior studying and preparation before I even made my first trade and it was amazing. If anything, I have lost more money to commissions than actual mistakes as I make sure to cut my losses quickly. 

My timing with entry point will only get better the more I trade. I don't trade often because of this uncertainty, but when I do trade I try to have good reasoning behind it and pass the potential trade through a checklist similar to Tim's(profit.ly/sss). I am down $50 with a small $500 account, mostly because of commission fees, but with that has come experience and understanding. With my work ethic and abilities I bring to the trading world, I can only get better from here.

 

Happy thanksgiving to all, just wanted to share as I am probably going to be using profitly as my journal!