10 Aug A Passion for Technical Analysis
Points to take away from this read:
Choose you when it comes to picking a career path (if possible).
Expect to take on challenges alone. If you have someone, all the better.
Who is this T3chAddict?
Addicted to Tech (analysis)
Hi, I’m T3chAddict or a tech-addict? Whatever, I love anything tech related, a total geek if you will, and recently found a new love in technical analysis of charts. It was meant to be. A true love story.
Our eyes locked…
Here, I’d like to share a bit on my background as well as on how I started to take an interest in trading in general. I have always felt drawn to the intricacy and ‘general appeal’ of trading with all the numbers and squiggly lines and wondered what they were and what they meant. Obviously, the trade was related to fortune and riches beyond one’s wildest dreams. As one would be inclined, I can’t ignore the fact that these ‘promises’ of riches didn’t play a bit of a part in it for me. At least… In the very beginning.
I’ve done the “follow a career path” in mostly marketing & sales jobs and even though I was really good at it, I didn’t care much for it. Don’t get me wrong. I loved the grind of the work. The social interactions with other professionals in your field. Hitting sales target quotas and all that goodness. I was born to do it. I can understand that it’s not for everyone.
What I didn’t care for was working for someone else. Building someone else’s dreams. May it be building the company or getting higher up in the hierarchy of one. So I made a choice. And I chose me.
A new road…
I quit my job and moved to Asia. I had built a small network and decided to venture off and build something myself and ended up in business development primarily focused on Asian companies. It wasn’t until a friend of mine started talking about trading and how he wanted to get started learning the trade that I felt this tucked away emotion coming back up again. We decided there and then to start learning together.
The break up…
Quickly after having started learning about stock trading we called it quits. My friend and I that is. Not me and trading of course why would I be creating this blog, dummy! You have to be really passionate about trading to get you through the dark times. And believe me… they will come. If you’re not passionate about it that’s totally fine and the first thing I’d tell anyone. If your heart’s not in it. Don’t do it. It’s a very steep learning curve and you need more than those butterflies in your stomach to make this relationship work. Well, and basically all other relationships but that’s not what you’re here for. Am I right?! 🙂 Since then, I went on to keep learning by myself.
I have only started in January 2017 with learning how to trade and have no illusions that I will be a consistent and profitable trader anytime soon. What I do know is that I will do my best to become one. I have done paper trading and then moved on to a live account. Check here to see how I made the switch from paper trading to a ‘live’ account. My losses still exceed my wins but I don’t care. Instead of paying thousands of dollars to one of these guys on YouTube with their so-called “guaranteed to make you a winning trader” courses I decided to do it on my own and the money lost I consider to be my tuition fee.
So, what now?
When I started learning I made an effort to teach my friend on the topics that I had learned about. With him dropping off I still had this urge to share and teach others not. Not because I necessarily wanted to teach, it was more for well…. ME! If I can teach you that would mean I know my stuff, right?! Since we haven’t met (yet) I can still teach you through the power of the internet (whoever and wherever you are) and therefore learn by myself. I aim to be successful at this and make new friends in the process that are as passionate as I to get started in this so appealing but daunting trade. I hope you and I can make it together. I am sure I will do my part. Join me.
Thank you for reading.
Let me know what you think. It is much appreciated. Also, please comment below with suggestions on how I can improve or just to say hi!