Jeremy: "I learned to trade while working 9 to 5"
Jeremy learned to trade while working a full-time job. Learn how he did it and improve your trading strategy.
Author - TradeZella Team
Many of us started trading while having other full-time responsibilities on our plate.
Can you blame us? 😅
Wanting to get more out of life on top of our routines? 😎
This week, we got the chance to interview one of our active TradeZella members, Jeremy.
He's been at it since 2021 and still working on perfecting his craft.
Jeremy is passionate about markets and specifically the visual aspect, price action and charting.
Let's hear more about his experience with trading.
The Road to Success
Summer of 2021 marked the very first inkling of trading in Jeremy's timeline. 👶
Sure, he heard about the markets and even participated in his employer's 401k, but it wasn't until he was introduced to options that his interest expanded into short-term trading.
Jeremy mentioned that the pandemic allowed him to work from home and achieve some extra free time during the day. ⏰
He decided to take a leap of faith and soak up as much trading education as he could. 📝
He started out in various discord groups and then took it to the next level when he hired a mentor to give him an extra boost. 🚀
Early 2022 brought profits here and there but it wasn't until August of last year when Jeremy found consistency. 🙌
Amazing ramp up time here!
Most traders take 1.5-2 years to find progress, whereas Jeremy was one of the early ones! ✅
Also, taking up another challenge in the midst of the pandemic...
What a way to see opportunity in distress! 👍
On his mistakes
Jeremy mentioned that in hindsight, his biggest trading mistakes was trading live before he knew what he was doing. 😅
This is quite a common mistake amongst folks new to the markets.
💡 Day trading is an extremely difficult endeavor. It is highly recommended to start out with a simulator rather than your real money.
- You're bound to make some mistakes even just learning the platform.
- You haven't received any educational foundation yet
- You're competing amongst tons of other traders that are more experienced.
- You'll lose more capital overall and quicker.
- You haven't tested out any strategies yet.
"Like most traders, I lost money in the beginning and fell into the rabbit hole of trying to make it back quickly. While live funds are the only way to tackle the emotions that come with trading, I always recommend paper trading to develop a profitable strategy first."
Couldn't agree more!
TradeZella as a tool for growth
Jeremy also talked about utilizing TradeZella for his growth in this journey.
"I use Tradezella because it’s the most comprehensive solution that I’ve found for journaling trades. More specifically, I enjoy the ability to review my trades with respect to risk/reward instead of money and Tradezella allows me to easily do that."
Viewing your trades through the lens of R-Multiple is one of the main reasons many folks sign on to TradeZella.
By translating your performance into R-Multiple terms, you're able to get a clearer picture of your actual results, rather than the money you made or lost.
Using R-Multiple as opposed to P/L will also come in handy when you decide to scale up your trading.
Loved hearing about your journey, Jeremy! We can't wait to see more of your growth this year!