Category: Vocation

  • I am a professional day trader?

    “So what do you do?” the man sitting next to me asked.

    “Right now, I am pursuing to be a professional day trader,” I replied.

    “Oh.” He paused. “What is that? I have no idea what that means.”

    Over the past year, I have shared with people that I am pursuing day trading. It is interesting how this profession elicits so many different reactions.

    • “Oh, you better be careful!”
    • “So… you like to gamble?”
    • “Isn’t that risky?”
    • “I know a friend who does that. It seems very challenging.”
    • “What stocks are you buying?”

    Before I had any idea of trading, I had similar perceptions of what it looked like as a profession.

    This is a story about my journey in becoming a professional day trader.

    To the moon

    I bought my first bitcoin in 2017. It was right before the huge pump. But I sold it all after I saw the price dip down below my entry. I didn’t know it at the time, but this was my first lesson about the emotional and psychological aspect of trading.

    I was never prone to FOMO. But I had some major FOMO, because of what I could have made in such a short time. I experienced the fear of losing money when price dipped below my entry. My risk tolerance was zero. I only accepted a linear line up. Once price started to dip, I felt that I would lose so I had to get out. Right before that, I saw my money increase 30%. I was elated about how easy it was to see money grow.

    During this time, I dabbled with signal channels in Telegram, automated trading bots, and some studying. I read Trading in the Zone by Mark Douglas. This book was foundational in understanding some of the basic fundamentals of how individuals and institutions (collective individuals) approach the markets.

    All that to say, trading was a fun hobby. I was a full-time student and became a dad during this season. It was risky enough to put some of our savings into bitcoin and hope for the moon.

    “I don’t do this for fun”

    Fast forward about five years, I was working as a freelance content specialist, a title I designed for myself. I had the opportunity to work with a financial firm that wanted to make a website for its new cryptocurrency trading platform. It was a great collaboration and the website went live.

    A few months later, I was contacted again to create content that would serve as a testimonial to attract new customers. I had the opportunity to interview professional and active traders. It was enlightening to learn first-hand accounts about people’s experience with trading. I created a landing page that documented a trader’s journey that would have intrigued potential users to test and try the trading platform.

    When I asked about a trader’s experience and needs for a trading platform, I distinctly remember one of the interviewee’s responses. “I don’t do this for fun.” It was a serious business, a serious profession, to be a trader. I only thought it was a hobby for the elite or some foolish college kid who wanted to make YouTube videos.

    Ironically, this content was never published. Unfortunately, I was also never paid for my services. I could have pursued this more diligently, but my curiosity about trading was ignited.

    Back to school

    After graduating with my second advanced degree that I would not use professionally, I vowed I would never go back to school. Perhaps I am addicted to learning. I began my professional trading studies in 2023. I also began renovating my unfinished basement. My wife was pregnant with our second daughter. It was quite the year.

    I started a one-year learning mentorship. Fortunately, there was a 2x speed setting and I was pretty good at keeping up with the content. The professional training started in the summer when I began back testing the data. I expedited this process because I wanted to provide financial stability for my family. Ironically, the means was through a profession that was perceived to be the riskiest.

    Looking back at my studies and training, it has been a lot.

    Books (related to money or trading)

    • Rich Dad, Poor Dad, Robert Kiyosaki
    • Trading in the Zone, Mark Douglas (2019)
    • The Little Book that Beats the Market, Joel Greenblatt
    • Shareholder Yield, Meb Faber
    • The 501-k Plan, Palm Beach Research Group
    • Think and Grow Rich, Napoleon Hill
    • Blockchain Revolution, Don Tapscott
    • Trading and Exchanges, Larry Harris
    • The Psychology of Money, Morgan Housel
    • The New Trading for a Living, Dr. Alexander Elder

    Courses, Newsletters, Videos

    • Babypips, School of Pipsology
    • ICT 2022 Mentorship
    • Money Matters, Clive Lim
    • Dividend Stocks Rocks
    • Palm Beach Group
    • Cryptovince Education
    • Jim Rohn

    Experience

    • Torque Trading
    • Personal investments
    • Investing and managing accounts for family

    After all the studies and accumulation of experiences, I went live in September 2023.

    43% gain was the worst thing that happened to me

    I funded my first trading account with $10,000. It was an amount that would provide sufficient capital to trade micro futures. It was also an amount that if I were to bust, it would not be super detrimental to our family. This was the LEAN model of day trading. I was the entrepreneur and I was the user, collecting data about myself.

    When you first start trading with real money, there is a clear mental and emotional shift. I think it’s similar to playing poker with chips versus real money. When there is real money involved, you take things more seriously. There is more excitement. You don’t just want to win, you want to see the numbers grow. And when it doesn’t, it hurts a lot more. It’s easier to push a stack of chips all in with play money. It’s a lot harder to do it when you have $10,000 on the line.

    The first few months were a roller coaster of a ride. Below are real numbers:

    MonthAccount ValueMTM Performance
    September$8,400-16%
    October$12,012+43%
    November$7,928-34%
    DecemberHoliday Travel
    January-FebruarySteady negative
    March$4,517.02 

    The first month of trading was fun and exciting. I was able to finally put real money behind three months of studying and practicing. Despite having a drawdown, I knew I had the technical skills to be successful.

    The next month was probably the worst thing that happened to me. I was extremely successful with a 43% gain. I was elated that the “system” worked. I made $4,000 in a month, probably working 20 hours or so. That’s about $200 per hour, more than four times what I made as clinical editor with a doctorate degree. I hit the jackpot. I was going to be a millionaire. I was going to provide for my family especially with our second child being born.

    Little did I know how detrimental this monetary gain would become. The next month, I was confident and ready to put the trading system back to work. I wanted to duplicate the returns. However, I was down 34%, worse than where I started. December was a blessing and curse because we took time to travel for the holidays. I put my trading on hold and focused on more important things like my family. It was a blessing because I was forced to step away from trading. It was a curse because after my travels, the dark seed that had been planted in October was never uprooted.

    January and February 2024 were rough months because I was separated from my family. It was rough months because my trading account kept going down. Once they returned and the fog cleared, the damage was done. I was down 54.8% from my initial $10,000.

    I am a consistently, successful trader

    It would have been easy to throw in the towel at this point. Or I could have done some revenge trading and over leverage the account, trying to go all in to double up the money. Instead, my practice and studies proved beneficial. I remembered that trading is a difficult process and journey. I remembered that you can be successful with smaller accounts. I remembered that 90% of people who pursue trading fail. I never liked being similar to everyone else. This time was no different.

    With the $4,500 left in my account, I vowed to myself that I would not consider myself a professional trader, unless I was profitable three months in a row. My goal was to make 20% each month. I shifted my focus to trade with the least number of contracts, focusing on the 1% risk that was part of my original trading system. This was not fun or sexy. There was nothing to boast about. One percent risk was $45. A 20% return was $900. Decent money, but nothing close to the swimming in money meme you have of professional day traders, driving around in Lamborghinis.

    Slowly, but surely, I stuck to my trading system and focused on my goal.

    MonthAccount ValueMTM Performance
    September$8,400-16%
    October$12,01243%
    November$7,928-34%
    DecemberHoliday Travel
    January-February$4,517.02Steady negative
    March$4,196.89-7.1%
    April$5,154.9722.83%
    May$6,274.5021.72%
    June$7,406.5718.04%

    One note, I arbitrarily picked 20% as a goal. Taking a 3R trade (i.e., a 3 risk to reward ratio) is considered a good trade. I thought doing two 3R trades a week, would amount to 24R a month, allowing for 4% risk to be wrong.

    I am a professional trader

    I achieved my three-month goal. I now considered myself a professional trader. In July 2024, I allocated a larger sum of money to trade. I vowed not to make the same mistakes when I had the massive drawdown. I just needed to keep trading the same way I did and I would make 20% monthly returns.

    It seems that every time there is a string of success, the downturn eventually follows. It seems that at every major transition, there is usually a downturn, too.

    The next six months was another roller coaster ride. Despite ending negative for the year, I was still determined to stick with my profession. Like opening any new business, it is hard to be profitable the first year.

    I documented the lessons I learned from 2024.

    Philosophy

    • Before looking at any chart, start with the right mental preparation
    • Do you want to work overtime?
      • Time benefit analysis
    • Is this part of my goal of making consistent income? Or is it something else such as the need to be right?”
    • Professional trading is like weight lifting
      • Show up every day, stick to the plan, and you will get results
      • If you do not stick to the plan, you will get hurt and it will set you back
    • In order to be a consistently successful trader, I need to systematically take profits, and avoid trying to be perfect or trying to be right with my market analysis
    • Emotions cloud judgment and analysis or market opportunities
      • You can still be proud of your achievements such as proper risk management, taking systematic profits, growth as a trader
    • Do not do other activities when you have positions open, especially ones that can heighten your emotions or take up additional mental bandwidth
    • Be the casino

    Macro

    • Stop overtrading
      • Commissions eat into profits and usually end up losing more
    • Create strong passwords so your account does not get hacked
    • Have the correct business strategy and stick to the goal
      • Massive compounding verse consistent income generation
    • Avoid trading after a big win or loss
      • This prevents self-sabotage of trading from euphoria or fear

    Technical

    • Trade based on time
    • Trade with momentum
    • Account management
      • Convert USD to CAD, then withdraw the CAD amount

    Systematic Profit Taking

    • Goal: $1000 per week
    • Always close half the position between 2-3R

    Significant lessons learned from practical application

    • Keeping a journal and reviewing
    • Proper mental practice
      • Envisioning success
    • Goal setting, keeps in the correct direction
    • You don’t need perfection to be profitable

    You don’t need perfection to be profitable

    Currently, it is March 2025. I was consistently profitable the first two months of this year. In two weeks, I lost those gains. It is the same process, the same lessons.

    Being a professional day trader is difficult. Despite my lack of making consistent income, I have gained significant personal growth. I have gained significant amount of time and flexibility. I am enjoying the process (on most days).

    Luckily, I don’t need to be perfect to be profitable. And “whatever result I get is a perfect reflection of my level of development and what I need to learn.” (Trading in the Zone).

    So, until my account goes bust, I guess I am a professional day trader.

  • Do you know what kind of writer you are?

    The advent of digital platforms has provided a gateway for creators to demonstrate their work. YouTube, Instagram, and Udemy are a few examples that creators use to display their craft.

    Texts do not share the same glamour as images and videos. Nonetheless, there is a growing need for well-written words, especially in the digital world.

    Before digital platforms, writers had fewer options to display their work. Writing books was laborious and required access to publishers. Newspapers hired journalists in a competitive market. Promotional direct-to-consumer (DTC) copy required skilled copywriters.

    Digital platforms have taken these pen-savvy people and multiplied their demand. The necessary skillset has evolved, too.

    It is beneficial to understand the various roles writers have. If you are an aspiring writer, you can distinguish your strengths to focus your efforts. If you hire someone to write content, know who to look for to achieve your business goals.

    The different types of writers

    Below is a “small” list of writing-related jobs.

    • Writer
    • Copywriter
    • Content writer
    • Copy editor
    • Communications specialist
    • Journalist
    • Technical writer
    • Content creator
    • Content marketer
    • Content strategist
    • Marketing specialist
    • Ghostwriter
    • Proofreader
    • UX content writer
    • Content designer

    It is difficult to determine where one line ends and the other begins. There could be many overlaps with the roles and responsibilities of the writer. The sheer amount of different titles could be an unnecessary complication.

    So who is who? Are all writers the same?

    Copywriter/Content Writer

    The copywriter typically creates shorter texts (i.e., copy) that center around promotion.  (I must emphasize typically because I will probably offend half the copywriters out there.) The primary intent is some form of persuasion. Generally, copywriters will write slogans, taglines, and other advertising messages. 

    Content writers typically write longer forms of texts. They center around information or education. Content writers create blog posts, article pages, or product pages.

    However, the lines are blurring. Copywriters could write longer forms of text. Content writers can craft short slogans. The digital ecosystem forces its players to learn its rules of marketing. A blog post does not merely serve its purpose for providing information but provides increased search engine optimization (SEO). Social media posts can be short, witty lines or medium-length articles.

    Bottom line: Copywriting centers around promotion and marketing. Content writing centers around informing, educating, entertaining, or convincing. As the core expands, there are much more overlaps between the two.

    Content Designer/UX Writer/Content Strategist

    If the lines were already blurry and definitions not precise, this next group of writers will be even more confusing. It is relatively new compared to copywriting.

    Content designer is a term that is more popular in the UK. I have seen UX writers used more frequently in North America. A core foundation of these writers is design thinking or user-experience (UX) design. If you are unfamiliar with these terms, you are probably not in this category. If your business is not asking questions related to design thinking, this may not be the type of content person you need. These writers employ this particular way of thinking to craft the final written form.

    Content strategists could be classified into this category if they have this particular skill. Content strategists plan, create, and distribute content, incorporating a long-term approach to their work. Thus, an editorial calendar is a common tool of the content strategist.

    What if you utilize an editorial calendar for the design-thinking content you created? And the final piece is a new tagline for a website? Would you then be a UX Designer Content Strategist Copywriter?

    Bottom line: Depending on your specialty, you can define what type of writer or content person you are. There can be many overlaps with specialized skills. As a business, it is efficient to boil down what is needed to achieve the business goals.

    Communications Specialist/PR Specialist

    I previously held the title of Clinical Communications Specialist. I did not question it because it sounded a lot better than just an editor—no offense to those who are editors. You are valuable and highly needed in this field.

    Communications Specialists typically have some correlation with the media and press. They maintain the face of the organization. Marketing Communications Specialists create content that aligns with an organization’s goals. This description is closer to what I did. So my title should have been Clinical Marketing Communications Specialist.

    Communications is “the use of messaging conveyed across any written, visual, or spoken medium to convey information and meaning.” As a Communications Specialist, it involves utilizing this skill to communicate the necessary message internally or externally.

    I believe two differences between Communications Specialists and the different types of writers already discussed are the form of the writing and the relational aspect. However, a Communications Specialist can benefit from understanding the fundamentals of copywriting or employing strategic planning. 

    Bottom line: Communications Specialists may have a relational aspect when creating content that may not exist in content or copywriting. Content marketers would say otherwise because you ought to write for a specific user rather than the masses. Yes, but the fictional user persona is still fictional.

    Others

    Not that these other writing-related professions were not worthy to deserve their own section, but they were more unique to be grouped.

    Proofreaders focus on spelling, grammar and eliminate errors.

    Copy editors focus on quality assurance.

    Ghostwriters will write and not take credit for the work.

    Content creators may have the ability to craft non-written forms of content like video or images.

    Conclusion

    So are all writers the same? No.

    But writers can overlap in many areas. 

    Titles are elusive. If you are looking for a writer, ask what unique skillset the writer has and some samples. If you want to become a writer, think about what you like to write about and how you like to write it.

    Doing so will make it clear what type of writer you are.

  • 3 Things I Learned from My 1st Business Venture

    I started my first entrepreneurial business venture about six months ago from this date. Initially, there was a lot of excitement to finally take the plunge into this “elite niche society” of entrepreneurs and innovators. The vision was to use a for-profit business in a social good model, in hopes to provide a new business structure for existing businesses and new ones in the future to model after. The hope was to change the way business is done and perhaps see a world where money and profit is not the sole bottom line, but using money and profit as a means to benefit others.

    After the initial excitement inevitably wore off, I soon realized a previous lesson I had learned that the grass is not greener on the other side. However, I persevered through the long hours, the uncertainty of the business working out, disagreements with various people, and ultimately came out of this process with some reaffirmed and new found insights.

    1. Never You can do business with friends or family, just be smart about it
    Having grown up in a family that has been doing business our whole lives, one of the lessons I personally experienced and witnessed was to never do business with friends or family. Although there is some truth to this statement, I learned that it is not the business itself that tears friends and families apart, but it is what the business reveals about the people doing it together that does.

    I learned through this experience that when you choose to partner with other individuals to pursue whatever goal or vision it may be, it is not enough to simply be like-minded or nice people in regards to a social aspect, but the core belief, the attitude, essentially the heart beat of the partners involved must be the same and in tune. If not, it may be possible to work things out, but it will be one bumpy ride.

    2. People don’t exist to be trusted, they exist to be loved
    On a similar note, I was also reminded of the above phrase that I heard in a sermon a few years back. It was said in the context of faith, however I found it very applicable to doing business as well as many areas of life.

    It is important to be diligent with the work that you’re doing, making sure all the “i’s” are dotted and “t’s” crossed, because unfortunately you never know the intention of individuals. Trusting a man’s character or word is no longer something honorable in this day and age and thus it is important to recognize this. However, though this is true, it should not be the focus as this would only debilitate anyone attempting to achieve something for the greater good.

    3. Stay focused and persevere, even when it hurts
    This one is a little bit simpler and a philosophy many have asserted and subscribed to, however this is just another personal reminder of the reality of this side of the coin (i.e., startup business/entrepreneur). The word “entrepreneur” holds a catchy ring to it and corporate office workers seem to dream about escaping and pursuing this idea and concept of starting something new. However, having worked in the corporate office, there is merit in this type of work such as stability and collaboration (read more here) and entrepreneurship is not something for everyone. There are many days that can become drudgery just like office work. There are also many days that are more challenging and difficult since there is no real defined structure, ergo the appeal for some individuals. Having started this journey, I can say that the most difficult and challenging part has been the people I have worked with. Particularly the people that are closest to you, though done with the best intention and care in mind, sometimes have the most hurtful and heart piercing words an individual can hear when trying to aspire to do something grander than the norm. But, sometimes we need to identify the “chicken-littles” in our lives and just pursue on and enjoy the process despite the struggles and pains that come with it.

    Having learned and experienced so much in the past six months, despite the first business venture flopping, I can take this failure as a true success and now am ready to keep on dreaming, keep on aspiring, and hopefully make a bigger impact and change to those around me, to ultimately enjoy their processes as well.

  • Enjoy the Process – The Beginning

    Updated Oct 2020

    This is the first time I am setting up a blog since the days when Xanga was popular!

    There are numerous individuals who’s whose stories we read about after the fact of them “making it,” but hopefully my story will just be one of many who share their honest and real life testimonies while pursuing whatever goals it may be.

    This blog will be a reflection of the journey I take through becoming an entrepreneur, a husband, a believer, now blogger and anything else that comes my way in life.

    I hope you (reader number one and many others), will enjoy the process with me.

    P.S. While attempting to make this first post, it took me some time to navigate the dashboard of WordPress, assuming filling out the “What’s on my mind” draft was sufficient in posting an article. Using the very basic and minimal layout for now (to minimize costs), while probably making many more mistakes, this is already a fun beginning in the process!