May 23rd
$200
May 24th
No trades
May 25th
$20
May 26th
$646
May 27th
No trades
Totals for Final Week: $866
Totals for May's Netfix Trades: $5844
Here we are, the final week of Netflix trades.
I had a very good pattern develop on Monday that netted a $200 profit. On Tuesday I woke up in a foul mood, and I made it worse by eating outside food for breakfast.. I knew I needed a clear mind to trade so I tried my best to shake off my bad attitude. After a couple hours, I gave up and didn’t make a trade for the day. Pissed off that I missed out on three great patterns, I promised to make at least one great trade on Wednesday. As it turned out, I made the greatest trade ever.
Before the market opened on Wednesday, I felt really good. I decided to really test out one of my patterns. My plan was to purposely lose money, and then end the day with a profit by using a pattern. The second the market opened, I blindly bought a bunch of NFLX stock. I was down over $1500 at one point, but continued the exhilarating wait for a pattern to develop. Finally, my pattern formed and I bought more NFLX stock. I placed my stop and limit, and then closed the app to do a round at the bank job. By the time my round was done, I went back to my car and checked the stock:
This is the end of the epic Justin vs Daigo SF3 battle, where Ken beat Chun Li with almost no energy remaining and an obvious wealth of skill. See how excited the crowd was? That’s exactly how I felt on Wednesday. I honestly felt like a king, and I was giddy for the whole day. Not only did I test my pattern, but I also tested my patience. And I passed with flying colors! To me, this was the best trade I’ve ever made. It showed me that I’m ready to trade… to know how to win and to know how to lose. My confidence was (and still is) at a massive high. Thursday I discovered NFLX doing a pattern I had memorized from last year, and made a decent profit from it. On Friday I had to do a bunch of real estate stuff, so I was too busy to trade.
This was the last week of Netflix trades, and I did as well as I thought I would. If we’re being honest here, I would consider the first week as a fluke. Not that I didn’t deserve the money or that I wouldn’t have made that money in real trades, but I learned much more from the trades made in the following weeks. I wanted to see whether my strategies were real or just bullshit, and I limited myself to trading just one stock for a month. I came away with $5844 and, more importantly, an emphatic statement on my market knowledge. Even if I disregarded the first week I still would have made $2454, which is about $1000 more than I would make at the bank job in a month.
I know what I’m doing. I can make money in the stock market. My patterns are real. With this knowledge, I can move on to the next step: live trading.
$200
May 24th
No trades
May 25th
$20
May 26th
$646
May 27th
No trades
Totals for Final Week: $866
Totals for May's Netfix Trades: $5844
Here we are, the final week of Netflix trades.
I had a very good pattern develop on Monday that netted a $200 profit. On Tuesday I woke up in a foul mood, and I made it worse by eating outside food for breakfast.. I knew I needed a clear mind to trade so I tried my best to shake off my bad attitude. After a couple hours, I gave up and didn’t make a trade for the day. Pissed off that I missed out on three great patterns, I promised to make at least one great trade on Wednesday. As it turned out, I made the greatest trade ever.
Before the market opened on Wednesday, I felt really good. I decided to really test out one of my patterns. My plan was to purposely lose money, and then end the day with a profit by using a pattern. The second the market opened, I blindly bought a bunch of NFLX stock. I was down over $1500 at one point, but continued the exhilarating wait for a pattern to develop. Finally, my pattern formed and I bought more NFLX stock. I placed my stop and limit, and then closed the app to do a round at the bank job. By the time my round was done, I went back to my car and checked the stock:
 |
| The old me would have panicked when I was down $1500. The new and improved me trusted in my patterns and was rewarded. |
I started laughing. I mean, really laughing. You know what this was like? This was like playing a video game where the enemy appears predictable, like Street Fighter. I know to do an uppercut when Guile jumps because he’s a slow jumper. I know the right combo to use when Sagat lands from a blocked Tiger Uppercut. So I let the enemy hurt me a bit, get my energy low. Once I’ve played the punching bag long enough, I start to fight. Can I keep my poise under pressure? Can I patiently wait for my opponent to go into the patterns that I have memorized and can take advantage of? Hey, since I’m doing a Street Fighter analogy, here’s a classic example of what I mean:
This is the end of the epic Justin vs Daigo SF3 battle, where Ken beat Chun Li with almost no energy remaining and an obvious wealth of skill. See how excited the crowd was? That’s exactly how I felt on Wednesday. I honestly felt like a king, and I was giddy for the whole day. Not only did I test my pattern, but I also tested my patience. And I passed with flying colors! To me, this was the best trade I’ve ever made. It showed me that I’m ready to trade… to know how to win and to know how to lose. My confidence was (and still is) at a massive high. Thursday I discovered NFLX doing a pattern I had memorized from last year, and made a decent profit from it. On Friday I had to do a bunch of real estate stuff, so I was too busy to trade.
This was the last week of Netflix trades, and I did as well as I thought I would. If we’re being honest here, I would consider the first week as a fluke. Not that I didn’t deserve the money or that I wouldn’t have made that money in real trades, but I learned much more from the trades made in the following weeks. I wanted to see whether my strategies were real or just bullshit, and I limited myself to trading just one stock for a month. I came away with $5844 and, more importantly, an emphatic statement on my market knowledge. Even if I disregarded the first week I still would have made $2454, which is about $1000 more than I would make at the bank job in a month.
I know what I’m doing. I can make money in the stock market. My patterns are real. With this knowledge, I can move on to the next step: live trading.
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