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February 1, 2018 at 2:28 am #101759
TimothyStrickland
MemberHi everyone,
My name is Tim Strickland, I’m from the United States. Fairfax Virginia.
My trading journey started about 2.5 years ago when I dropped 55k on a course! OUCH! I spent about 4 hours per day studying the course and trading, consistently losing money. The pro traders would even post their daily trades and I took them but lost money over a year. I went off to try on my own for a little while but this didn’t work either. I can’t remember how I found Nick and the team but I figured what I was doing wasn’t working already. Needless to say I haven’t looked back! I have been taking the setups for over a year and made back all of the money I lost trading during my first year and a half and then some! Now I’m working on making the 55k back.
I’ve been using the chartist systems now for over a year. The US Power setups daily and grew my stock IB account from 31k to over 40k! I wanted to look deeper at the systems being used so I signed up for the mentor course and here I am. I started going through the material before the break but took a long break at the end of Dec. as I got married, honeymoon and overall vacation and moving to a different house. I am settled in now and looking to learn the system trading in depth.
July 6, 2018 at 9:44 am #108326MemberAs life does occasionally happen, I have had a few setbacks. One was good (getting married), didn’t have much time to work on the course during that time with my other obligations. The second setback was a bulging disc in my neck which haven’t been able to sit down for long periods to work on mentor course. I have been trading the US Original consistently though. I feeling better due to treatments and now I’m back at it!
My portfolio now has the US Aggressive strategy released by Nick back in May. I’m liking the numbers so I’ll be trading that as my primary strategy with some US Original mixed in to up the trade count. The US IRS likes to see lots of trade for tax deductions.
Going back through the course from page 1 as I’m sure I may have missed a few things. Nearly completed section 1 last night.
July 6, 2018 at 9:47 am #108829MemberAs I’m sure everyone else did, I took a loss in Feb. from the market decline but have made all of that back. I was able to do this by seeding the account (per Nick’s suggestion) on the drawdown, which allowed for more profits when it recovered. I am getting ready to seed my account with a large amount so that I can benefit from the new aggressive strategy. It will more than double the account size.
July 6, 2018 at 9:32 pm #108830Nick Radge
KeymasterThat neck injury doesn’t sound nice. Glad you’re getting over it.
July 10, 2018 at 2:26 am #108327MemberFor the month I’m up 2.33% for the US Original.
For the month I’m up 3.57% in the US Aggressive
As of the 6th I closed out the US Original trades for the time being as I am in the process of seeding the account with more capital.
I seeded my account in early March to recover some losses incurred in Feb. this was a good idea as I am up about 2% which . for the entire year, including the losses in Feb. I believe Nick reported the portfolio down about 5% if I would have not seeded.
The US Original has made me about 10% since when I started last year. Not bad considering I’m not getting that in my 401kAfter I’m done seeding, plan is to have 125% of my funds allocated to the US Aggressive and 20% towards US Original for the extra trades.
I’m using a leveraged account.
July 14, 2018 at 1:47 am #108842MemberEnd of Week analysis:
My account for the month is up over 8%!! Biggest month ever, capitalizing on the US Aggressive and US Original while going through the mentor course. Because my results have been so good lately I took some money I made from Real Estate deals and put them right into my trading account.
My account has been seeded and is well over 100k now. Current strategy is 125% of capital to US Aggressive and 20% to US Original.
Finished the first coding task last night, Craig said there were no errors in the last one, looks like I’m catching on! This weekend the plan is to hunker down and study the course several hours on Saturday and Sunday. The coding is a bit harder than I thought it was, even with my engineering background. I have a lot to learn
July 14, 2018 at 2:59 am #108849JulianCohen
ParticipantI don’t want to put a damper on your enthusiasm Tim, but we are only half way through the month. Look how many times in the monthly progress reports we have said “it was going really well until the last few days” :unsure: :S
Trend following has a habit of getting you all excited and then bringing you back down to earth again. It’s a great stabiliser for the ego.
July 14, 2018 at 3:17 am #108850MemberYes sir, its happened before, take Feb. for example, actually my account was doing really well Dec,Jan and then in Feb lost the gains from the previous 2 months in a couple of days. I’ve also been trading for nearly 3 years and have blown up 2 accounts so I know what it feels like to lose. However, based on some of the gains I think it will do pretty well over the long haul.
I am less excited about how the portfolio is performing this month but more excited of how it consistently performs over the long term and learning how to rigorously back-test my own systems which I never did before finding Nick. Most courses and seminar’s just teach certain strategies, not ways to build and backtest your own. It does feel good to be up 8% for the month though.
July 16, 2018 at 8:38 pm #108851MemberJulian,
Well there is some of the “last few days” you were talking about. NFLX announces terrible news wiping out all gains for the month since I had seeded my account. Murphy’s Law in action! It could as well went the other way too and went to the moon. However, I pay no attention to fundamental analysis, only technicals.
July 16, 2018 at 8:51 pm #108865MemberA couple of years ago, I would have been emotional from the loss but fortunately, I have studied long enough and payed attention to Nick’s teaching that it never is about a single day. I am looking at the next 1000 trades. I suspect the market overreacted (as it always does) and some of that will be made up in the coming days. I built my first simple system in the course, I can’t wait to see what can be done with my new programming knowledge!
July 21, 2018 at 3:37 pm #108866MemberEnd of week progress:
As stated earlier NFLX had a big announcement which caused the stock to gap down. The losses were promptly recovered the following day only to go down again the rest of the week.
After the seeding of my account, its about flat for the month, most of the gains I made with the smaller account were taken back end of week with the larger account size.
I have reached module 10 in the course, been completing 2-3 modules per week.
July 21, 2018 at 3:39 pm #108896MemberI had heard people mentioned splitting capital between brokers. Has anyone used Tradestation? I used to use them awhile back before realizing Interactive Brokers has superior fees and commission costs. I was thinking I could use Tradestation for some longer term trades and use my IB account for a shorter type strategy.
Anyone know of another deep discount broker like Interactive Brokers?
July 22, 2018 at 12:46 am #108897ParticipantTim Strickland wrote:Anyone know of another deep discount broker like Interactive Brokers?As you are in the US have you tried Ameritrade?
July 22, 2018 at 1:19 am #108898MemberI am in the US Julain, I’ll take a look at them.
July 22, 2018 at 9:04 am #108899ParticipantSo what I did Tim was I use IB for the short term holdings that turn over quickly, the MOC and the MR systems. My longer term holds I put in Ameritrade so that the higher brokerage didn’t impact too greatly.
You can check out E-Trade as well
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