Embracing the Journey: My Return to Trading After a 2-Year Hiatus

Hello everyone,

I’m thrilled to announce that I’m returning to the world of day trading after a two-year break. As I step back into this exciting yet challenging field, I feel a mix of anticipation and determination. This time, I am starting from scratch, ready to relearn, adapt, and grow. Here’s a glimpse into my plan and what you can expect from my journey.

Starting Fresh: A Month of Practice

Before diving into live trading, I will dedicate an entire month to practice. This period will allow me to familiarize myself with my trading system and refine my strategies without the pressure of real money on the line. I believe this foundation is crucial for building the confidence and skills necessary for success in the fast-paced trading environment.

During this month, I will:

  • Review and update my trading system: I’ll revisit my strategies, making necessary adjustments to ensure they align with current market conditions.
  • Simulate trades: Using historical data, I will simulate trades to test my strategies and identify potential pitfalls.
  • Document my process: I will meticulously document each practice trade, analyzing what worked and what didn’t.

The Daily Trade Blog: Transparency and Accountability

Once my practice month concludes, I will transition to live trading. This phase will be accompanied by a daily trade blog where I will share the results of my trades, whether I hit my day trading targets or not. The purpose of this blog is twofold: to hold myself accountable and to provide a transparent look into my trading journey.

Each blog post will include:

  • Daily trade results: A summary of my trades, including entry and exit points, profit or loss, and whether I met my daily target.
  • Analysis and reflections: Insights into why certain trades succeeded or failed and what I learned from each experience.
  • Personal growth: Reflections on my emotional and psychological journey as a trader, highlighting the ups and downs and how I’m managing them.

The Ultimate Goal: Consistency and Financial Freedom

My overarching goal is to achieve consistency in my trading performance. By developing and sticking to a disciplined trading routine, I aim to minimize losses and maximize gains. In the long run, I aspire to become a professional trader, achieving financial freedom and the ability to support my lifestyle through trading alone.

To reach this goal, I am prepared to embrace mistakes and learn from them. I understand that the path to becoming a successful trader is not linear and that every misstep is an opportunity to learn and improve. I will continue to do what might seem like “idiot things” in trading, not out of recklessness, but out of a commitment to learning and growth.

Join Me on This Journey

I invite you to join me on this journey. Whether you are a seasoned trader, a novice, or simply curious about the world of trading, I hope my experiences and insights will provide value and inspiration. Together, we can learn from the challenges and celebrate the victories, big and small.

Stay tuned for daily updates and feel free to share your thoughts, advice, or questions. Let’s embark on this adventure together and strive towards our goals of consistency, professional trading, and financial freedom.

Happy trading!

4 Comments Embracing the Journey: My Return to Trading After a 2-Year Hiatus

  1. Ms. Trading Geek

    Cool! Interesting site! Finally, a blog that will help you learn about something useful!

  2. Pingback: Day 5 - Recalibrating - The Idiot Trader

  3. Pingback: Paper Trading Day 7: Getting Started with Day Trading Forex - The Idiot Trader

  4. Pingback: Paper Trading Day 1 - A Slow Day in the Market - The Idiot Trader

Comments are closed.