Jaye Trade Blogs

A Trading Journey

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About

On a journey of love, hardship, and fulfillment, I spend my time documenting my journey through writing while working toward my goals.
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  • The Traders Mindset

    Struggling With Opinions.

    Hello. Now that I got my first post out of the way and made a small introductory to my story, I want to get into the types of topics that my mind truly wonders about and sometimes has a hard time grasping. Relatively speaking, that’s most likely the types of posts I’ll be writing about often, as generally speaking I use writing as a way to express my thoughts, and thus also process them in a way that’s beneficiary to me.

    Trading in and of itself isn’t a complicated topic. As with the details in anything, of course it has it’s complexities, but what I’m referring to right now is more so the human psychology behind trading, than the trading itself. If you don’t trade, you have no idea what to expect, where to start, or where you’ll end up. Outside sources in this field generally don’t have a grasp on what to expect to any capacity, at least in my experience from interactions with others, and honestly myself before I came to start trading and understand this personally. You make an effort to learn, but in order to learn without experience, you require reference, and with trading being such a mysterious topic for many in the world, it becomes quite easy to end up subject to some of the less than ideal situations in this space, like paying money to learn what to do, only to end up with barely more of an understanding. As people, we tend to look to our peers for input in order to understand something. It makes sense, its how humans have evolved and moved forward as a society and civilization, but in a competitive field such as this one, you have to be careful with who you trust. Now I feel as though me saying this is a bit of an oxymoron, kind of like if a stranger on the street tells you not to trust other strangers, but regardless of how it comes off, I’m just speaking my mind right now, and honestly you don’t have to trust me, I don’t expect you to. Generally speaking if you’re looking into trading, it’d be better if you learn to trust yourself first before trusting the words of others. In this case if you’re new to this field, I’m just talking on the subject and giving a heads up if you’re willing to listen.

    I never ended up subject to paying others for my education in this field. I consider it a little bit of an accomplishment, mostly because I was able to learn everything I have using my own tools, knowledge, alongside the opinions of some, but specifically after vetting those sources, and to an extent reflecting on the words they said instead of following blindly. What I find fascinating (And quite honestly frustrating) is the power of the subconscious mind, and its ability to not only impose its thoughts on you without your awareness, but the lasting domino effects caused by something so minuscule, until addressed purposefully and thoroughly.

    Trading Instrument and Change.

    When I first started trading, as I said in my previous post, I started truly investing with crypto, so of course that was my default go to when starting the trading process. I slowly but surely moved away from that approach, and into something I feel I can manage and do better, which is how I ended up in futures trading instead. This jump and change alone was scary, as with any change in life, we never know what the outcome will be until after the fact, and the unknown is a very common human fear. One of the first pieces of advice I read on the internet, that apparently without my knowledge stuck with me, is to only practice one trading instrument, as when you’re learning, you want to familiarize yourself with a specific market, alongside its price fluctuations and trends. I believed I was applying this logic properly in my approach, but have come to understand recently that I was wrong.

    When I went from crypto to futures, I felt as though I saw similarities between some of the instruments I was trading, and some of the ones I now had access to. This made me dive in with confidence that all the time I spent in the crypto market, which by this point has been years if you include my time investing, to use. “I’m still trading similar market patterns, so this way I didn’t waste any time.” I thought to myself. See, the issue I failed to realize here, is that I was caught in a sort of negative feedback loop. I was unknowingly letting the opinions of outside sources drive my decision making factors to probably one of the most important aspects of any trader, and that being what you’re trading. In my attempt to continue trading the same thing, I closed myself off from the growth I was trying to achieve by limiting my situation to one scenario. Trade only one instrument, and stick to it. My interpretation from reading those words was far mistaken. Don’t get me wrong, I believe it’s sound advice, but as with any advice received, its the applications of it that matter, and I had my approach all wrong. By limiting my market conditions to similar types of movements and shifts, I never gave myself the chance to explore what different markets move like, what they feel like, and how well my understanding of them are. I think the driving factor of this was fear. Fear of change. Fear of lost time. Maybe even on a deep level, fear of growth. We say we want things in life, and work toward achieving them, but a lot of times we fail to look deeply within ourselves, and say “Yeah, I’m going to put my best foot forward and do this.” At least for me, I realized that I’d been holding myself back in many aspects. Not only on a subconscious level with this sort of decision making, but honestly in the form of self acceptance, and the feeling that I deserve growth, that I deserve change for the better. Without even realizing it, I discovered something about myself I never truly understood. I didn’t feel I deserved growth. I didn’t feel as though I was worthy of my own acceptance, to relish in my own work, progress, and achievements. My self worth was worthless to me. As I’ve worked on overcoming myself, and continue forth on these stepping stones in my journey, I’m slowly surpassing these phases in my life I never thought I’d go through. It’s no surprise at this point that as I continue to work on myself, I naturally gravitate toward the success in my ventures. I think as people, often times we overlook our own emotions, and end up holding ourselves back without even meaning to. It’s so easy to blame outside sources for our own folly, instead of introspecting and asking “But what was my part in this?”. I believe that’s the moment that truly gravitated myself toward progress, and the ability to trust myself enough to make change for the better.

    Appreciation.

    If you’ve gotten this far, thank you for taking time out of your day to read this, it’s nice to know someone takes interest in what I have to say. I hope this message finds you well, and maybe left a positive impact. We don’t always realize the effect our thoughts and words can leave on others, but all I can do personally is hope I got my message across to the best of my ability, and that maybe these words will help someone facing their own battles.

    I appreciate your time. – JayesusR

  • My First Post

    Hello.

    I don’t know exactly how it is I want to approach this yet, so bare with me if you can. I want to make clear, the point of this blog isn’t for anyone else except myself really. If you like reading what I write, you can feel free to read it, and if not, well you can do what you want regardless.

    I’ve recently rediscovered a part of myself that got stowed away during the story I call my life, and I wanted a form to express it in a manner that I can put my message forth into the world, without providing it to anyone directly. This is my story, my life. My blog.

    Always wanted to have one of these so it’s nice getting around to doing it. The difference in pressure when doing things is so vastly different later in life, its a crazy comparison to come to understand. I remember back when I was 17 trying my hand at writing out into the world, I felt so much nerves and pressure. I guess I really cared what others thought of me, even though I managed to fool myself into believing otherwise. Situations can be so different in their perspective when you truly and honestly do them for yourself in all manners compared to expecting an outside opinion. It doesn’t matter to me if others don’t like what I’m writing here, or if there’s no interest, because at the end of the day, this is something I was doing anyways in private, and am now just posting.

    Writing is honestly sacred to me. It wasn’t always this way, it just used to be another form of expression, but as I’ve changed and gained perspective in life, this process of writing words on paper or typing them onto a screen has truly become something dear to me. A fundamental aspect of my life I deprived for far too long, and to no fault but my own. I don’t want this post to be overly long, as in general I’ve noticed I like to keep prompts short, sweet and to the point, but this post is fairly special. It’s my first as far as this blog is concerned, of many to come, so I supposed its a bit of an exception. Let’s get into why exactly I’ve made this website.

    A Traders Journey.

    I consider myself a trader. This isn’t my identity, it’s just something I do, and something I’ve grown to truly appreciate and love. Managing finances isn’t exactly where I envisioned my life ending up, and I never would’ve imagined in my early years that it could become something I of all people would feel so passionate about, but time breeds change, and I for one have learned to welcome and embrace the seasons of my life.

    I don’t want to really get into all the details of how I ended up here, as honestly I’d be writing for too long, and I’d rather not write half a books worth of information to add context, but I’ll definitely summarize things as efficiently and effectively as possible, or at least try to. I used to invest in cryptocurrencies. Its not that I don’t anymore, but I don’t have the same ideology toward money as I used to, and that shift alone has had a very big effect on my logic and decisions. Before that funnily enough, I started out on Robinhood with stocks, and was doing okay, about as okay as anyone really, but after the Dogecoin rally where it hit 75 cents, and I saw $1000 turn into $25000, I was hooked, and knew I’d never be able to go back.

    After that, I forgot about stocks, I invested in all sorts of crypto, not a clue behind my decisions, or the impact they would’ve had on my life, good and bad. Its was part of my journey, and truly, mistakes and all, life is made to be lived, and I’m happy to accept mine for all that it was, is, and will be, even if it can get hard sometimes. And boy has it gotten harder, much, MUCH, harder. Investing is one thing, and essentially, investors can to an extent be seen as long term traders, but to me, day trading is it’s own beast that can never truly be tamed, only trusted enough that it won’t bite you too hard, once you’ve learned to handle it. Maybe that’s my perspective now, maybe I’ll feel differently later in life.

    I only recently got into trading through out this journey. I’ve been doing it for almost a year now, but I’d lie if I said that the interest in partaking in the markets this way were never there. It always interested me when I’d see people post and talk about it on the internet, and the way that it seemed to work in my understanding at the time. The thought of being able to work from home, on my own, having the truest form of independence was the ultimate golden ticket to an introvert like myself. Never did I think that the moment I stepped foot into this journey, it would be the hardest mentally, emotionally, and even spiritually undertaking of my life up until this point. Part taking in the market in this manner changes you on a deeper level of understanding that you never would’ve imagined could exist within you. I still remember the first trade I ever took. The first real trade, where I had a stop loss, a take profit, my heart beating out my chest as adrenaline surges through my bloodstream, knowing full well I may lose money. When I got out of that trade, I had to sit down and take a breather. “What the hell was that? What just happened to me?” I was truly dumbfounded. I hadn’t felt that way since the last time I got into a fight, and truly I was in a fight. At the time I thought my opponent was the markets, but over time, experience, and maturity, I’d come to find out the one at the other end of the ring, was me.

    I’ve been hooked ever since, and have grown, matured, and continue to do so everyday in my view, approach, and knowledge of the markets. I now trade futures contracts, I use a prop firm, and I’ve been journaling for a few months. The extent of writing I’ve been finding myself doing has increased more and more with each passing day, so I decided instead of writing text prompts to AI where I talk about my trading day, thoughts, emotions, and anything in between, or trying to just write it into a Word file, I’d write it here, and share my journey in the way I’ve been sharing it with myself, with the rest of the world. Trading is a lonely pursuit, so having a way to still feel a connection with others like me, or at the very least with some capacity of the same interests, feels like a great way to harbor my growth in this journey. I used to think I was fine writing to a wall, as that’s essentially what I was doing with AI, or my Word files, but the problem is, when I felt like doing this type of writing, sometimes, a little part of me wished that the wall could listen. I didn’t need, or even want a response, I still don’t, but when you start to feel so disconnected from the world around you, including the ones your closest with, sometimes just being able to write something out and know there’s another person on the other side of the screen just reading what I wrote truly feels like enough.

    Thank You For Your Part.

    So yeah, that’s how we ended up here. I hope this has been as invigorating of read for you, as it was an entry for me, but even if it wasn’t, I thank you anyways for taking the time to read through this and part take in my journey. I hope if you did enjoy it, you decide to stick around. We may not know each other, and probably never will, but I’m glad we were able to connect to some capacity and leave an impact on one another.

    Take care, until next time. – JayesusR