“What a relief. I felt like a newborn baby.”Slawek J —
So the first out of four total classes I attended was over. At that time, I did not see any reason why I should attend the remaining three. I knew what would happen. It would be nice, I would meet with great knowledgeable people, and that would be it. I highly doubt I would be able to understand the material that the speaker was going to go over again.
I tried to use a dictionary together with the Master Trader Course. Unfortunately, no dictionary that I have had access to could translate all the technical language.
Then, I decided to sign up for the weekly “Trading Labs” every Monday morning. That was the best thing I’ve done. Being in a medium-size group of beginner traders, I could listen, ask questions, understand the mechanics of trades being placed, managed, taken off, etc. A few months in the group and I finally understood the entire course I attended before the lab.
At the same time, my Ford position was on the rise. Eventually, one day it was at break-even, then a bit higher and I decided to take it off. I could not stomach +/- $5-10k moves per day anymore after I learned how to put trades with small risk and potentially big rewards.
What a relief. I felt like a newborn baby. All of my problems disappeared with just a few clicks of the mouse. I felt conscious and competent about trading stocks.
It was the time of a market bottom. I placed a few trades out of my account (can’t really remember them all, I think PRU was one of them) with clearly defined risk, entry, target and everything else. I was following the rules. In the first week of my conscious trading, I made well over $10,000. Life was good.
I didn’t feel like wasting time fixing cars anymore, so my next decision was quitting my job.
Another brilliant move on my end…
Financial freedom is a journey
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