#30 Feb 22, 2014

update:
-lent $2k to my mom, at about 12-13k right now
-still working on trading, down about 1.5k, but improving
-currently a financial advisor trainee, counts as CIM work experience, in position for a  little over 1 month so far
-registered for LLQP exam in 2 weeks


current goals:
-pass LLQP exam, and go for license
-work as financial advisor for 2 years to get CIM
-become consistently profitable day trader

#29, Dec. 18. 2013

So CIM is only half the route to AR which leads to hedge fund. 

I also need 4 years of relevant work experience.The best way to get this experience is to work directly under an AR, such as research for AR. Trading doesn't count towards AR work experience.

So..

1) finish CIM

2) get a research job ***with*** AR

3) swing trade for some income

#28 Dec 17, 2013

update:

- down $500.. I bought too high above support and sold at support, good news is SAC dropped 23% and i lost 6% so I cut my losses decently
-done chapter 1, 1/3 thru chapter 2
-going to a dinner on Thursday to meet professional traders... ask them QUESTIONS, learn how to be profitable, learn their setups, learn their strategies, try to get a day where I can follow them in the morning and watch them trade, be a humble student


FOCUS:
1) day trading as my primary income
- work on my strategy/edge
- enter when MACD is bullish?
- swing trade or intra day?
- when to hold overnight?
- what is gap?
LEARN EVERYTHING

2) get a job/internship where I research investments/companies
-experience for CIM/AR
-get paid too, if I can
-learn fundamentals for future hedge fund


3) work on long term track record (buy and hold strategies longer than a few months)
- find an official audit or system that can verify my track record to use as evidence
-start working on selling feature of my fund


All me baby, lets do it!

#27 December 15,2013

$15k - done
signed up for Investment course - done

-asked ian about internship, no reply yet
-studied a lot, almsot done chapter 1
-reviewed day trading strategy

-tomorrow I start trading at 6:30am... stick to disciplined system
1) watch TSX for overall market
2) look for my picks trading close to support
3) REMEMBER to exit quickly and cut losses if support is broken
4) jump into SAC at around 1.02-1.07, exit after 1.10

just long near support, exit if something goes wrong

-phone questrade and ask for advanced

#26 Dec 7, 2013

$14k (done)
CSC ( completed)
150lb (reached)

-passed entire CSC, going towards CIM
-have meeting with Ian on Monday
-started paper trading with short term


Goal for December:
-consistently make $200 a day from trading
-finish first course towards CIM
-internship/work at a firm (europacific capital?)
-consistently sleep before 1am

#25, November 5, 2013

Check off list:

-$13k (done)

- register domain name (done)

Currently working on

- CSC level 2 (9 chapters done, 6 chapters to go)

- $15k (should get there before mid December)

TO DO

- work on web hosting for my domain

- write a list of topics I need to learn (covering most of what I need to know as an analyst)

- break down each topic into a set of research questions

- start researching and memorizing

- then publish once research report is finished onto my website

Goal for this month

- finish CSC level 2

- get into a firm as assistant/analyst/intern

- apply to as many firms as I can

- have my website up and running with at least a few research reports published and a few youtube videos

#24, October 26, 2013

-sell on October 29th
-finish book notes
-research following guru picks, what are past returns based on this strategy
- start CSC level 2

study --> create research reports on Q's, create portfolios, manage my own investments --> create vids --> create website --> once I reach a competent level, present to firm for position as analyst --> start CFA while at the firm --> once I reach this stage I can start thinking about business partnerships or ETF creation