UPDATE

Like the title says.. life happens, and you either go through it or you grow through it.  I live in New York, and work in the Nuclear Industry.  For the past few months I had been lucky enough to have a schedule (that's always changing) that allowed me to study relentlessly, and trade Thursday's/Friday's.  Like I mention in my first blog post, I violated the PDT rule in June (they froze my account for 90 days) and I went into study mode.  I attempted a couple swing trades with my second account and decided I wanted to day trade so I held off.  October I started trading again, that's where I developed my day trading strategy, and it worked.

Yesterday was a milestone for me.  I made back everything I had lost earlier in the year (2K+) and I am officially in the profits.  While I was celebrating that joyous feeling, I received a call from my boss's, boss's, boss instructing me my schedule is changing again.  While the first thought that came to mind was, "now I can't trade", this is nothing more than a test.. and like any test, with proper preparation you can pass.  I was working Sunday - Wednesday, and now I will be working Monday - Friday.

My job now is to develop a swing trading strategy that works with minimal indicators, I could use via phone, limit orders for entry and exit positions and by studying chart patterns and preparing the plan after hours.  Tough but not impossible.  This will only add another tool to my arsenal, further advancing my knowledge.  I have a baseline strategy right now, using Day Of the Week trades.

Statistics show if a stock closes above it's opening price on Friday, chances are it's going to continue to rise on Monday (possibly gapping open, depending on the situation) and vice versa.  Statistics percentile are higher for Friday to Monday D.O.W. trades than for Wednesday to Thursday (which Wednesday to Thursday are good too).  That is just something to ponder.  I will also continue to use my current EMA's, volume, and patterns of course.

I had difficulty when I first started trading.  I was making emotional trading decisions and not logical ones.  Jumping into trades just because I wanted to be in a trade (which is stupid by the way).  The main point of the game is to stay in the game, if you are constantly making bad decisions and consistently losing money.. you will eventually run out of capital and you lose the main point of the game.. staying in.  Nothing good comes easy, and if it comes easy it's no good.  You need to work for it, you need to earn it, because if you don't... it will fucking ruin you.  Over 70% of lottery winners end up bankrupt, because they didn't earn it.  The victories mean so much more when you work for them, so go out and EARN IT.

Lastly, I encourage you to think outside of the box.  Ask yourself "why am I trading?", what is your "why"?  Find your why, and I promise when you do it will make anything you do in life a necessity.  Read, a lot.  In fact, read every day, and never stop learning.  I will add a list of books I recommend at the bottom of this post, and how they helped me.

If you've made it this far, thank you.  I will continue to write when I can, and I hope to influence and inspire you as some of the people (in and out of finance) have influenced me.  Go ahead and follow me here, and on Instagram!  There you can see all the adventures and traveling I get into.  @raulmacias620

Don't hesitate to ask any questions as I will do what I can to help.

AD ASTRA PER ASPERA

-Raul

The Alchemist by Paulo Coelho

     - This is my all time favorite book.  This is about a boy trying to find his personal legend.

Astrophysics For People In A Hurry by Neil DeGrass Tyson

     -This book will make you realize just how small you are in this universe. 

A Beginners Guide To Day Trading by Toni Turner

     -This book is a good book to learn some basics in day trading.

Ultimate Day Trader by Jake Bernstein

     -This book helped me learn a little more about indicators.

Day Trading - Beat The System and Make Money In Any Market by Justin Kuepper

     -This book helped me learn more about strategy.

Rich Dad Poor Dad by Robert Kiyosaki

     -This book made me reevaluate what I do with my money and how I want to live my life.

The Richest Man In Babylon by Napoleon Hill

     -This book shows you how to better handle, and better use your money.

The 4 Hour Work Week by Tim Ferriss

     -This book shows you the endless possibilities of outsourcing and developing a different kind of income.

Secrets Of The Millionaire Mind by T. Harv Ecker

     -This book helps gives you the mindset of a millionaire.

Humans Of New York by Brandon Stanton

     -And this book is just insight on people, how we are all different, yet the same.