I’ll give you a little background on my trading success and failures.
I’ve been trading for a long, long time. Although, I’m just 31 years of age; I’ve been invested in stocks since I was 16 years old. Throughout the years, I’ve made loads of spasticly retarded trades, causing great anguish. Luckily, I’ve had far more winners.
One thing, as unbelievable as it seems, repeats itself over and over and over.
I ALWAYS kick ass in the beginning of every new year. The reasoning: I have a heightened focus on what is taking place in the markets. I’m a big believer in “starting new” and setting goals, at the beginning of every new year. I even participate in new year rituals, of the voodoo kind, which I will discuss much much later.
However, as some of you know, by reading my rants over the past two years, I get very cold during the summer months.
Unknowingly, I believe after having great early year success, I get lazy and complacent. Admittedly, after being up 47% by May of last year, I coasted and got my balls lit aflame. If it weren’t for refocusing, I would be down anywhere between 25-40% right now.
As you know, I was uber bullish and had gigantic positions in many speculative stocks, like [[MVIS]], [[ARWR]], [[NTRI]] and [[BWLD]].
However, this time it’s different. I will keep my heightened focus, all year, and try to bang out a triple digit year. I’ll have you know, already, “The Fly’s” personal account is up more than 125%, year to date.
If you want to become a better investor, you need to live in the world of finance, even if it’s not your profession. Read all the newspapers, all of the magazines and stay up to 4am, watching CNBC Asia and Europe, amongst other things.
As for sleep, you’ll get plenty of that shit when you’re dead.
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