Self Made. Passionate about Financial Freedom. All of my tweets are my opinion only, any choice to buy or sell is yours alone based on your own due diligence
@TDAmeritrade
What are the restrictions you've put in place?
As stockholders of these equities, and using your platform to access and manage our portfolios, we have a right to know how that platform capability has changed particularly as they directly impact our profit and loss.
Visited Auschwitz yesterday…something long on my bucket list.
If we may have a chance of not repeating history, it’s something I think everyone should do if they can.
Any ideology that insists on being unquestionable orthodoxy always leads to horrible outcomes
Them: Must be nice to retire early and make money anywhere with just your computer...wish I was as lucky as you are
Me: I'm up at 4am in the pre-market, and researching until late in the evening every night
Them: Oh, I could never get up that early, I need my sleep!
Me: ...
Learn To Fish Part III - Swing Trading for Consistent Gains is now available!
Access the whole Learn To Fish series of courses and coaching through the Link Tree in my bio
All, I tried to make "Learn to Fish" free, but the file size exceeds the limits of what Gumroad allows to offer it for anything less than $1.
So it's a $1,... all proceeds will now be donated to the SPCA.
2.5 hours of content, and much more to come.
#newertraders
A lot of you have expressed interest/questions about my day trades
- Started with $5k in my day trade account - its now $115k
- I go all in on a position to reduce risk - not a typo
- Target is 1.5% of the total account value daily
- Goal: $115k to $1M - 09/21
Learn To Fish Part II, Generating Consistent Income Through Day Trading is now published and ready for download at the link below!
I kept it simple and direct, but a deep dive on this topic.
79 Pages and 3.5 hours of content!
Today is the day and I wanted to give a special thank you to everyone for all the well wishes and all those who also made it here in person to celebrate with us.
Fighting the man-tiddies!
As I’ve crossed over into my 50’s I can’t lift as heavy as I used to, my joints aren’t the same and it takes longer to recover
But that doesn’t make it an excuse to stop, or worse, never start
Just like investing...no matter where you are, just start
I turn 50 today
Took this in B&W, because...well, I'm old
Without health, the $$ is nothing.
I set some big goals, and am so thankful for the progress I've made
THANK YOU to so many here who helped make it happen
Age, income, starting point...doesn't matter
Just start
My wonderful wife
@moreAvoda
and my buddy
@IAINHAYES4
surprised me today and flew my Mom here to Tampa from Toronto for Thanksgiving!
Nothing more important than family.
Taking the next step in the journey with
@SteakAndLove
Thank you so much to everyone for all the wonderful private and public messages and for being a part of it all!
Believe in yourself.
Since 'retiring' in 2020 I've
- failed/learned/grew
- added 7 figures to my net worth
- met my fiance
- helped others win
- doubled my salary day trading
- have new businesses coming
- travelled
- lived life on my terms
Self belief + tenacity + intent = 💵
To stop your dependency on alerts/news cycles and hype, you need to be able to trade independently and profit consistently.
Learn To Fish, Learn To Trade.
Links to all my courses/coaching/ebooks/website can be found here.
Well, after
- months of non stop work
- listed the house on Friday
- 48 hours later, we had 45 showings
- 4 pre-emptive offers
- and 1 sold house after a bidding war
- all before the sign even went up
115% ROI on the total investment, including acquisition costs
I need a nap
First draft of this is now loaded to Gumroad - Just making some final edits/adjustments before its published.
You will be able to access it for free once its up.
Fair warning - I recorded the audio in one take. Future revisions will have that cleaned up
There are no traders like
@LadeBackk
He's the bar I set for myself to hit, and an example of what can be done. Over and over again
More importantly, he's always been true to himself. A big heart, with the wit and intelligence to wrap it all up in
I'm going to miss him on here
Welcome to the new Investandbefree....never mind the dust and debris as its still under construction so expect more change to come.
I'm changing this to focus on what I'm truly passionate about....Financial Freedom!
From here on out, I will focus on helping others do the same
Tampa has many beautiful things, not the least of which being
@SteakAndLove
Out for a bite in Hyde Park.
And for my Canadian friends....note masks not required.
Just reading DM's, and I'm reminded of something
@LadeBackk
said before
"The market will test you"
The prerequisite to success in trading isn't technical
Its to be mentally tough enough to walk through the inevitable red, dust yourself off, and still come back for the green
Lots of people asking for comment on the recent fintwit events
My comment is the same thing I've said over and over for ages
Blindly following alerts, social sentiment, pumps, and news hype, only ends in being someone else's yield
Best protection = learn to trade for yourself
For those wondering why I spend any time day trading as a long term investor,
Do the math.
I average around $1500 to $3500 a day or about $10k a week currently
There's 221 trading days in a year or about 44 weeks.
So..I'm on the phone with TD Customer Service and I had made a comment to help her in the process she's doing
Her: "Did you used to work in banking? How do you know so much about what we do?"
Me: "I know what goes on in your back-end"
Sounded different when I said it out loud
We got very lucky in my neighborhood and got away with a ton of small debris everywhere and a few downed trees.
I’ll be helping with cleanup for me and my neighbors.
@GregBryk
@PaolaQP1231
People need to push back
I followed zero of these rules, and lived my life
Eventually in April, I sold everything including my house in T.O. and left for Florida
The politicians are just a symptom of a bigger problem.
The willingness of people to comply without question
I am a long term value investor, but my day trades are a consistent source of $000's per day
In a world where a % think its the right thing to cancel people, fire them, or otherwise destroy their life because they don't like your opinion
Learning this makes you unfuckwithable
For those thinking you can't average 1% let's break it down assuming you trade 220 days in a year
Some days you will exceed this amount, some days not, but the average you need is quite achievable.
Your greatest obstacle, will not be the market.
It will be you.
Quick math lesson in consistency.
If you compound just 1% of your account value daily, you can turn a 25k account into 225k in less than a year.
If you were able to maintain the same 1% goal in year 2, you're at a million within the first 6 months.
From a 25k start.
Unpopular opinion:
The average person can gain better and more frequent financial advice that can materially improve their lives here on Finance Twitter..
Than they can with their fee based "Financial Advisor" that most people use at their local bank.
10,000 Followers!!
Wow!..Thank you everyone for all the support in getting here.
It's been wonderful to see people succeed with some of my plays, and to be able to exchange info and ideas with all of you.
Lots more to come!!
All, seems like there is some unhealthy fear given some messages I've received this morning
Some context
Last March, I lost $400k+ in 2 hours, being stuck in meetings and unable to get to my accounts
I recovered all of that+ in a matter of weeks
We are NOT in that scenario.
4 weeks out from 50.
Lots of work ahead to hit my goal.
Just start.
Set an objective.
Be accountable to a timeline
Wherever you end up, you’ll be more than today
If you’re struggling as a result of chasing alerts, try trading the same one or two stocks for a week straight. Buy dips sell rips. I guarantee you’ll be more consistent and more profitable.
I still get questioned on why I day trade as a value investor
I day trade for daily income over and above. Any glimpse at my timeline shows I'm consistent with it
It helps provide the freedom to be anywhere, and leave anything
You become "unfuckwithable"
A handy thing, that.
We've had a relatively minor sell off in the market, and once again my DM's blow up with people worried and scared
Honestly, if you cannot control your emotional responses to normal market movements, buy an ETF and save yourself the stress
Learn to see red as an opportunity
Loading up the Hellcat and headed to see my Mom for Easter.
I hope all of you have a wonderful long weekend with your loved ones as well...and keep the ones who can’t be with you as close as you can
The often referenced, and much delayed, “Learn to Fish” free course is being worked on today
I’m incorporating answers to many of the questions I get asked almost daily
I promised a friend I would release it this week, and I don’t want to let them (or me) down.
#newertraders
- if you see an alert pop up from a 'guru' and you check your chart and see an RSI in the 80'ish range...........
Why the fuck would you buy it???
If you’re like me, the market takes up the bulk of your week, so unless you’re up to your eyebrows in Reno’s like I am, I’m hoping you’re getting time with your loved ones.
What we do during the week builds freedom...it’s how we use it that counts
Definition of irony.
You currently have more freedom to trade your stocks on a platform from a company in Communist China (Webull)
Than on one from virtually all 'free' countries.
Me: Cool, made $2k by lunchtime
Them: That's not worth my time, I want the 6 figure payday
Me: But I do at least this everyday. That's about $500k a year just in day trades
Them: I want the big win so I can quit my job.
Me:..........
#newertraders
We're almost at market close
Today I decided to lift the veil off my day trading activities that I normally keep to myself
Hopefully, you were able to get something from it
Let me know if you want more exposure to this side of things, or less going forward
Audio for LTF Part II is now fully recorded. Tonight I'll be subdividing the course and uploading it to Gumroad
It will be released for download imminently right after.
I hope you enjoy it.
#newertraders
Use peak hype to your advantage.
If a stock is running hard in PM and getting all the attention, use the 09:35 - 09:45 dip to make your target for the day.
The take profit dip will typically fill back in hard and fast
Keep probabilities on your side.
Make $
#newertraders
- you guys follow me to get better at this game and I am very happy I'm able to help with that.
I follow
@LadeBackk
for the same reason.
His plays always win.
No bags, no bullshit pump, no front load.
The best there is.
Follow him if you're not already
#newertraders
- Overtrading is one of the most common issues and a guarantee you'll lose ground on your goals.
Some simple tips:
1. Set a dollar goal for the day
2. Stop when you hit it
2. Pick only 1 or 2 stocks to trade
3. Trade on the 15M and use the 5 for peaks/exits
To everyone who has already purchased either Learn To Fish Part I or Learn To Fish Part II, you will already receive the free ebook automatically.
Enjoy!
Testing out a four stock strategy this month.
I'm looking for a better than 90% accuracy, and a payout of > $10k per week with a payday every second or third day
More to come as I finish the test.
Learn to Fish Part II
Under construction and coming soon!
Target Date: June 2021
Because of overwhelming feedback requesting it, the focus in Part II is on day trading for consistent income.
This will be a much deeper dive into the topic than the intro given in Part 1.
It’s Saturday!
With all the crap going on in the world take the time to forget about the market and spend it with those you love.
Call the folks you can’t be with in person. Call your Mom.
She probably misses you.
In 2020, you learned you weren't essential.
Then you learned that if you were, but expressed views that someone disagreed with, you could be canceled, fired, harassed, ostracized, or all of the above.
Become 'unfuckwithable'
Learn to trade
If you're complaining about a pump and dump, chances are you chased, got excited, didn't follow your chart, and FOMO took over.
Most recurring issues, can be solved with a mirror.
Great, now Bond will have a man-bun, a man-purse, wear his skinny pants too fuckin short, with dress shoes with no socks while sipping a non-fat, soy latte with his paper straw while taking virtue signaling selfies of his climate sensitivity from his EV
I'm sure it will do well
The next James Bond films will have bigger roles for women and a more sensitive 007, according to the producers, who said “Bond is evolving just as men are evolving”
Researching several tickers today.
$SFOR, - think its a multi-dollar stock in the making
$ISWH - Same
$BBRW - currently a penny, with $M's in revenue
$WDLF - have held for awhile, and will likely significantly increase my holding
Doing some group instruction this morning through a discord chat while playing Mara, Riot and SQ while waiting on JWN
It may be something I offer in the future if more folks are interested.
If you're worried about
- saying the 'wrong' thing
- holding the 'wrong' opinions
- appeasing others demands
- govt insanity closing your business if you don't obey
- your ability to provide for your family if you don't do all the above
Then learn how to trade.
Coming Sept