Hello all,

    It has been a few weeks since my last post.  It has been because of my studies with Tim's materials.  I have gotten though Traders checklist and Part Duex.   I am now studying How To Make Millions and after I am done with that I will start to paper trade.  I have to admit that I have very bad habits and have relied on others to much.  

A bit about me, I was introduced to trading via Bitcoin in 2016. Like others I had an investors mindset and bought into the HODL theory.  Everything was fine in 2017 because my account had 10x up.  I had played some ICO's and alt coins.  I wish I had found Tim then as ICO's are the crypto's version of Penny Stocks.  IE Shit company's.   I believed the hype that these companies would change the world and because of it, I didn't sell at the high in 2017.   I still hold many of the tokens today as I now believe if I sell them all and take my loss that 1 of them will turn out to be a real company and emerge.  If just 1 of them can do this I can make back some of my losses on the others.  We will see.   As a result I have lost about 70% of my starting capital.  To this I laugh because of what a fool I was.  Watching Tim's videos have helped me a lot as I have been able to figure out some of my question. WHY DIDN'T I SELL.   1 Greeeeeeeeeeeed and 2. WAY OVER CONFIDENT that BTC and crypto was going to change the world.

That is a little about me.  To my past bumpy path I am scared but I am now ready to move on and calk all that up to lesson's learned and to NEVER DO IT AGAIN.  That is, not taking profits.  I realized that I needed a BRAIN FLUSH and watching Tim's videos I have started to do that.  I am not even ready to trade yet.  I applied for the tim's challenge but after I really thought about is.  I am just not ready yet. I hope soon I will be.

I will post more in the room and hopefully one day soon become consistently profitable.  Till then I wish you all the best and to have a short memory of your past mistakes.

 

Respectfully 

Scott Schmitz