I started the Challenge in the winter of 2017, just as the Bitcoin/Blockchain and Weed sectors were flying. Unfortunately, I had no idea what I was doing and could not take advantage of that beautiful volatility. I quickly blew up a few accounts, and then I found myself bagholding huge 5-figure losers into oblivion (three times!)

I have a multi-5-figure losing record because of these three bag holds which I have already sold. I have chosen not to verify any trades from before the restart of the Challenge, because seeing such a large red number will cause me to trade recklessly, trying to get back to even too quickly and break all my rules. I have done that before!!! 

In 2019, after getting myself into yet another longterm bag hold, I quit the Challenge. I did no trades, resolving to get back into it only after I sold my position for breakeven. I had put every single penny of my 5-figure account into averaging down on this horrible stock.

I held that bag for a year with no bounce. I took a 5-figure loss of over 97%. I was left with $817.11 after selling my position. But I felt RELIEF! I felt free again. I decided to take a breath of fresh air and try this stock trading again.

On December 10, 2020, I added $4,654.05 into my account, for a total starting account size of $5,471.16, and then I subscribed to the Lifetime Challenge program.

I had horrible results in my first two trading weeks of December with huge intraday swings and losing -$2,149.52 of my $5,471.16 account! I was down to only $3,321.64 left in my account by Christmas.

That's when I got serious.

I started paper-journaling my trades over the Christmas weekend. I started writing out my trade plans and giving myself unbreakable rules to follow when in trades to avoid blowups and bad spots.

The week after Christmas (4-day trading week) I took my $3,321.64 account and made $1,253.66.

On January 1st, I opened a Tradervue account to help me track all my trades, and that has made almost all the difference in my results.

In the first four days of January 2021, I took my account of $4,464.95 and made $3,407.85!

I am seeing some seriously different results and feeling very very confident in myself, not just in my ability to find and execute high-odds plays but also confident in keeping myself safe in these trades at all times, and also avoiding giving back my gains to overtrading, chasing, revenge trading, or dubious trade ideas, which is something that Tradervue helped me see. I was shocked to see how much money I was losing when overtrading, and especially on Panic Dip Buys.

The first week of January saw me book several high three-figure green trades and my losing trades were all under -$100. So no big blowups and no disrespected risk levels. I was taking profitable high-odds setups and trading with risk that made these trades basically stress-free for me.

I am going into 2021 with newfound confidence and commitment to this journey. It is my biggest regret that I quit a year ago, since I was on the brink of discovering small little secrets that come together to form a profitable trading system. 

Perhaps the biggest thing that allowed me to grow in confidence and in results as been deciding to track my trades with Tradervue starting January 1st, 2021. 

It was totally eye-opening to see which setups I was profitable on, and which ones had me donating money to the market.

All I had to do was focus on the profitable trade setups and TOTALLY AVOID THE UNPROFITABLE ONES and my results improved drastically IMMEDIATELY!

To all you traders looking to get profitable, consider tracking your trades so that you can identify and eliminate (or improve upon and size down on) your worst setups. Instantaneous profits, my friends.

So far, this has been the #1 thing that has seen me turn my results around so quickly, from consistently losing to consistently winning, all within DAYS of tracking my trade setup performance.

 

MY TOP TRADE SETUPS ACCORDING TO MY TRADERVUE TRADE TRACKER:

1) OTswizzle

2) OTC Multi-day Breakout

3) OTC First Green Day Bounce

 

MY WORST TRADE SETUPS:

1) Chasing/Revenge Trading/Random Setups/Overtrading (Eliminate!)

2) OTC Panic Dip Buy (Size down and improve)