30 Apr Backstory
A bit of a backstory to my journey as a trader.
I was always drawn to charts. Every time I saw anything financial it just drew my attention. However, life took me on different paths before returning to the path I should have been on: Day Trading. One might say it was fate 🙂
My journey started off when a friend of mine was struggling with deciding what to do with his life. One day he told me that he had made 60 pounds taking a trade one time. So he decided to become a trader 🙂 Knowing that this is a huge endeavour (plus having wanted to do this multiple times) plsu having a bit of free time from work, I decided to join him.
To study the art of technical analysis I suggested to study a topic for 2 weeks to speed up learning. Then get together and teach each other on the topic. If I could teach him back what he taught me it would mean I had understood. And vice versa. Two weeks later I show up with my PowerPoint presentation on Japanese Candlesticks. First thing my friend said… Uhh I’m not doing a PowerPoint presentation. I told him I didn’t care. He could do it on a piece of toilet paper as long as he could teach me what he had learned. I think I scared him off.… he tried once to teach me on something but I knew there and then he was holding me back. I was way more driven to study and actually put in the work as he was. So many are tempted by the glamorous lifestyle but once they see all the work that needs to be put in?!… Well… Bye-bye! Thus, I decided to continue solo.
I dedicated myself to finding patterns in the markets, specifically crude oil. Everyday I sat down and went through charts looking for patterns. Did this for hours literally everyday until I found some that worked. Then found indicators like VWAP and Keltner Channels that were showing me similar levels. If you’d like to have a look at how I use these you can do so by clicking here.
I always thought that if someone else could do it. I could do it by myself as well. About 3 years in I was still determined but still not consistently profitable. I did not want to buy a course or hire a mentor. Until I found Dee and the Market Stalkers method.
What drew me to her were (and are) a few reasons: She spoke in my language before I could speak the language. I know that sounds weird. It’s just the level of detail in her communication showed me she knew what’s up. That and she wasn’t using any fancy trading software, just plain old MT4/5. I had already come to the conclusion that buying “better” hard- and software is not the path to becoming a trader. In the end we need some tools but not everything people are trying to sell us on.
I purchased the 3 entry-level Udemy Market Stalkers courses and I was hooked. The more I watched, the more I learned. About 4 months into these courses I kept looking at the Market Stalkers website to apply for the Gold mentoring. There was ONE BIG CAVEAT: a background in professional IT / Sciences / Medicine / Aviation / Engineering / Music / Sports was required… I had the ‘at least 2 years of active trading experience’ but not the background…
Sad that I was, I started thinking that if she requires this then maybe it isn’t for me and I am just kidding myself. I have no background in any of these as I work in Business Development, Sales & Marketing. I kept looking at the page over and over. Thinking if I could just talk to her. She’d see that I could do this.
Until one day…. ONE BEAUTIFUL DAY…. A little sentence was added: Alternatively professional background as a successful business person. Yaaaaayyyyyyy! I ran to my gf to tell the good news. She got excited for me as well as I had been talking and moping about this for quite some time. As a gift she offered to pay for half (later on I found out I have to give half of my earnings to her as well 😀 maybe wasn’t the best deal). So I made the appointment for the interview with none other than Dee.
I know I might sound like a teenager gushing over Dee but it was a big deal for me. Up until this point (3 years in) I had had only one encounter with an actual professional trader (that I could verify). And up until that point I did not know for certain if I was on the right path. So here I am about to have an interview with Dee so all these thoughts of insecurity crept back into my mind. What if I am not that certain?! What if I bomb the interview?! What if she doesn’t like me?! 🙂
The day of the interview it was all I could think of. After minor technical difficulties we had our Skype meeting. What a load off my shoulders… What an idiot I was to think so negatively… The conversation was great. The questions she asked I only wish people would ask me. Nobody cares about trading the way traders do. I don’t care who you are. Most people just care about how much money you make. If you are not a trader you simply don’t know what we do and go through.
We were scheduled for 30 minutes and we talked for almost 2 hours and I believe we could have talked longer. With the time-difference I was already late for bed. Even though I didn’t want to cut it short I did have to. Then Deeyana told me she would like to work with me and I could start her Gold mentoring the next week. OH HAPPY DAY!!
How happy I was just to get an interview you can imagine how happy I was to get accepted for the mentoring! Again, like a teenager gushing over trading etc…. But for me it was like getting accepted into Harvard. I’m sure people are going to frown upon that or even talk shit. I. Don’t. Care. I got in 🙂
The mentoring was the best thing I have done for my trading career. I know this might sound like I’m advertising her courses etc. but it really is the real deal.
After the 6 month mentoring I have now been practicing by myself for 5 months. Trying to make all the concepts my own. I have been doing fairly well although arriving at the stage of sizing up in account size. I have encountered my next challenge: growing confident with size. Keep an eye out on my blog as I will be documenting my progress every step of the way.