Man has it been a long year with a lot of ups and downs in my personal life along with trading. I haven't looked at the blog post I wrote before I had joined Tims MMP and after reading it I laugh and am glad to see how much I have grown. 

https://profit.ly/user/Phierce126/blog/the-marathon

I purchased the MMP exactly a year ago and quickly got through the DVDs.  I had already purchased HTMM before and had watched trader check list also before purchasing the MMP.  In the beginning I found it being a tough grind staying up late getting through the DVDs and waking up trying to trade what I had learned the last night and not finding much success.  I knew I had to tweak what I was doing in order to get better.  I knew I had to cut myself off before I blew up my small account and had to refund it again.  So I stopped live trading and did paper trading with 500 and 1000 shares sizes until I had finished the DVDs.  I took a few weeks and I had to rewatch a few sections to get good notes.  My paper trading account had grown a few thousand so I thought I was going to have success trading live.  of course it didn't translate and I was pretty upset on why it wasn't working. 

 

Back to square one again I'm still watching the DVDs and the videos he put out.  I started going through his other resources.  I watched Dux, Grittani, the podcasts on YouTube with Tim Bohen.  All to see what pieces I was missing.  We're about 6 months in at this point and I didn't feel rushed to make any money knowing Grittani didn't make any in his first start also.  I knew what I wanted to do and that is to trade, so I was and still am committed to the long run.  I started going through all the archived video lessons and all the saved webinars.

I had to take some personal time off and got back to it around October.  Well what have I learned? 

1. I learned patience pays.  You DONT EVER need to be first to be profitable.

2. Create a watchlist the night before and draw lines in every chart you open up.  shouldn't need to to explain this.  This is a a absolute staple to being a successful trader. 

3. Not everything is a perfect science! 

4. Reviewing and tracking your trades on the weekends.  Since I started tracking and realized I was trading the wrong patterns and had been doing the wrong things.  You must understand what pattern you're looking/playing.

 

so what patterns do I focus on now? 

1. Breakouts over multi week/mo highs w/ catalyst and ideally former runners.  I realized that these plays can be explosive and can run for multiple days at a time. obviously there's a reason Tim teaches this pattern. 

2. Dip buying morning panics.  Not any morning panics tho.  It took me a little bit to realize that I can't just buy any stock that takes a crap in the morning.  Most do bounce a little but no enough to where it is predicable and profitable.  Only buying ones that have been up multiple days/weeks and NOT DOWN ON BAD NEWS. 

3. My last pattern that I like to focus on first green days on OTC former runners, however they've been rare recently.  They were a little better last year and will hopefully show up again soon. 

I haven't been as profitable as I would have liked this first full year with Tim but I have learned a ton.  it is not about growing my live account but also my knowledge account and I'm happy to say this was an amazing year with all the ups and downs.  I just re subscribed  to continue my education through the video lessons because I did not make it through all of them. eventually I will join the challenge but I might get Dux's DVD first. thank you for reading, see you all in the chatroom.