I tell people that it took me 8 years to become an overnight success.
In between I struggled mightily to turn a profit, blowing up a few accounts along the way.
Rarely do I dig into this topic much. I prefer to focus on my trades and strategy.
Recently, I realized how important it was to share my experiences with traders just like you.
It gives you a chance to see behind the curtain at what it took to become a multi-millionaire trader.
Despite what you may think, it wasn’t a fast journey. The person who made it so difficult…well that was me.
You see, at some point, we learn enough about the markets, strategy…really all the tools needed to fend for ourselves.
What stands between us and consistent success is what sits between our two ears.
Which is why I want to walk you through what I’ll call the ‘phases’ of my journey.
Hopefully, you see yourselves somewhere in here and take something away that helps you bust through your own obstacles.
Think back to the very first time you thought about trading. Most of us can’t remember. We just seem to recall a point where we were interested.
This ‘awareness’ is like a honeymoon phase of a relationship. Everything seems so new and exciting. The possibilities are endless.
I started in much the same way, eager to figure out how to take this giant, living creature called the ‘stock market’ and conquer it like it was no big deal.
Like many before me, I quickly found out that I sucked at trading. It wasn’t like anything else I’d ever done. The harder I tried the worse I did.
Keep that note in mind, because it will be a theme to this tale.
To salve my bruised ego, I took to learning everything I could get my hands on…and there’s a lot of information out there to touch.
I figured that buried within all the books and webpages I would find the one thing that resonated with me and turned my trading around.
Think of this as my teenage years. I explored a lot, pushed myself and my boundaries, stayed up late trying to unravel the puzzle that was the market.
Sometimes I found some success, but it never seemed to last long.
Finding my better self
It struck me, as it does many of us, that if I could follow a successful trader, mimic their moves, I might be able to discover how this whole thing worked.
Spoiler alert – While watching someone trade is invaluable, it won’t make you successful in and of itself.
That’s where I started with the infamous Jason Bond.
Yes, before I became a guru at Raging Bull, I was a full-fledged member.
Jason appealed to me for a few reasons.
First, his personality naturally complimented the areas I needed. Where I would be unsure or frustrated, Jason is the eternal optimist. A former high school gym teacher, and heck of a baseball player, he knows a thing or two about motivation.
Second, he helped me organize myself. I tell my LottoX members all the time how important journaling was to my success. Jason helped drive that home.
All of us are prone to avoid looking at the obvious. A good habit of trade journaling keeps you honest and highlights where opportunities and problems exist.
Most importantly, Jason told me this – I needed to make trading my own.
By this time, I had read and understood so much about the market. And while I half-heartedly attempted to do things my own way, I never really sat down and…cut the crap.
As I looked over my trading, I realized how much garbage and noise cluttered my activity. Buried beneath that was a true winning strategy that I didn’t even realize.
Sure, I had glimpses here and there.
But it wasn’t until I made a conscious decision to stop screwing around and treat trading (and myself) with the respect it deserved that things started to change.
Taking it to the next level
I’ll admit, finally turning a profit consistently is intoxicating. More often than not, I would fight to keep myself in check.
Some devil would sit on my shoulder telling me to increase my size or take a trade that looked good.
That’s where the rules and training I gathered over the prior 8 years finally paid off.
For most people, it’s not enough to know the rules and strategies. You have to practice them, everything from taking a loss to managing a winner.
And the worst part is what they never tell you – markets can and will change. Relying on a strategy to carry you from one year to the next may not happen.
To combat this, I continually re-educate myself in the markets, as well as teach others. Both of these keep me grounded and current.
Start your own journey
Hopefully, my story helps you put your own path in perspective and find a way towards success.
One way to help your education along is with my LottoX Service. Here, you get access to my weekly live training as well as my portfolio of trades in real-time, so you can see how I plan and execute my strategy.