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My 1 Year Anniversary of Full Time Day Trading. 3 Years In The Business. What I Wish I Could Tell Myself Years Ago.
This industry has a lack of transparency so I'm more than happy to say I will provide lots of that throughout this post with screenshots. There are LOTS of imgur links to back what I say so it's not just words on a post expecting you to just believe what I'm typing. This post I suppose is "Part 2" my post back in April, "After 2 years of Daytrading. 7 months full time. Here's my advice". I'm doing this to update everyone who came/comes across this in the future. Yes, it is possible. No, it won't be easy. You will pay homage to the rite of passage into this career. I'll also provide some examples of styles of trading so for the newer aspiring traders, there will be some things I rarely see discussed on forums. So here's to 1 year of Full Time Day Trading TL;DR - You'll become desensitized to trading. Stubborn to other strategies (There are biggebaddemore lucrative strategies. Don't chase them. Why fix what's not broken? I know what works for me and I'm content with it. No strategy is better than another. It's a personal choice. ). Losing individual trades won't faze you, they're inevitable. Profiting certainly feels better. After a while, you won't be as enthralled to trade every morning, it'll become just another part of your day). Trading is just managing your money through a statistic and the medium to execute it is trading on your platform. Think: "If. Then. Because". Your trading plan should be that black and white. Ask "Why" for everything you do and use. If you can't answer it with documented results, drop it. I get a bunch of messages all the time from people asking - . Out of those who follow me and chat me seeking further tips through my previous posts. I'll be answering the FAQ's and addressing things I see frequently in this sub as far as trading axioms Disclaimer: I won't sugarcoat anything. I'll share my experiences and add pieces of advice I'd give to those who are currently experiencing the same thing becoming a full time day trader and what day to day life is like, the occasional distress, (DRAWDOWNS). Some of you follow my Twitter for the past few months where I post my daily watchlists with a snippet that reveals my DayTradingBuyingPower. I do this not to brag but to demonstrate that the account does yield growth, I pay myself, and there are days where the balance does not move because there was no edge. I also do this since nobody else shows their account performance. (Yes. You, Mr. YouTube gurus and wannabe gurus). We do this for income, the numbers on our accounts are real. Treat it as such. Get your initial capital out of your account THEN try to "Scale your account" with your profits AKA The Market's Money. I'll go over: •FAQ's that I get in my inbox (I'm still welcome to further questions if I don't answer here) •Decision Fatigue (You will experience this) •The previous year (2019-2020) of ups and downs •How to use my watchlists that I post on Twitter in the morning to your advantage •The pivotal moment that changed my trading career (NFLX 10-17-19) •The road to becoming a full time trader. (It won't be fun unless you're handed the money) •You'll have a better grasp of my strategy (Between ProTip 4 and 5. ProTip 8.) There are 10 "ProTips" throughout the post that I wish I could tell myself years back and I'll periodically throw them in here as the post goes on. I make posts long in order to segregate those serious about this business and those who will just become another statistic in the failure rate of this business. At the end of this post, I'll go over the frequent questions I receive such as: (Answers to FAQ at bottom of post.)
"How do you prepare for a trading day?"
"What would you go back to tell yourself?"
"Books?" (The most abused question, but I get it. I could start a public library with just trading books I bought over the years)
"What is your background?"
"What is a normal day for you?"
"How did you discover your strategy?"
"What did you do/How did you get started?"
"What is your % return?" (Not a fun question since a trading account is not an index or investment account. Intraday traders do not measure performance in %. Most are measured in "R".)
"Is enough to start trading?"
"Why do you need so many monitors"? (This one is rarely asked but I do see it discussed on platforms and people trading on mobile phones love giving flack to anybody who trades on multiple monitors. Hint: Everyone's different. Whatever works for the individual. There are no rules in trading. The only rule is that it works.)
Background: I heard about daytrading during the 2008 crash while in high school. We all want to make more while working less. I entertained day trading from time to time but always realized I never had enough money. Horrible mindset because I could have still researched WHILE saving money to put into my trading business. 2015 -I opened my first trading account with Scottrade while in the Marines. Apparently if you have a net worth of over $1,000,000 you can get out early (Biggest rumor ever). I frivolously bought crap penny stocks. In short - I was a hair away from gambling. What made it NOT gambling was the fact that at least I owned something tangible (Securities of a company) and anything can happen. Buy low sell high was my strategy. Didn't work obviously. No idea what I was doing. I'd buy and hold hoping to wake up to the stock price being way higher and it never happened. •ProTip #1 : If you hold a trade overnight... It is not daytrading. Stop turning into an investor because you can't admit a minor defeat. 2017 - I started taking this business seriously while working in the oilfield as a Logistics Planner (If you're wondering what company since I am asked this from time to time, Google: "World's largest oilfield services company"). No kids, girlfriend/wife or financial obligations. I worked 10AM - 7PM CST and would trade the open from home for roughly 1 hour. Later I was offered to be a Data Analyst... Only downside was... I couldn't trade since I had to be at work now at 8AM CST during the market open. In the moment of signing the offer letter, I was bummed thinking, "No more trading," That wasn't the case though. You can still build your trading business with a 9-5 and while never making one trade. The data is there. •ProTip #2 :We all see the same data. It's there forever. Many strategies show their edge both live and in hindsight the same. (Especially if you trade patterns). You CAN build your business as a trader without even taking a trade. You CAN build your strategy while working a 9-5. Just because you're not trading, does not mean you can't build your business through research. You won't know how you'll react to the losses but at least you can diagnose the raw data with a large enough sample size for assurance and confidence. If you have a 9-5 and want to go fulltime into this business. Stay for a bit, save, live so far beneath your means that it is almost miserable, (depending on your expenses, area you live, family etc) and get a few hundred sample sizes of your strategy! And for your PTO/days off... trade the open. I sacrificed my vacation days to trade. After 2 years in corporate America, eating cheap food, never going out, saving relentlessly, I made the decision to just do it and resigned. I went straight into the ring of fire known as trading. That was on: September 23rd, 2019 ""(Sound familiar?) When you hear these types of comments.. your response should be: "Nobody put the time I put into this. The 90%+ who fail, don't have it all written out, computerized backtests, manual backtests, statistics, SOP manuals, JUST like the job I have which is a business, I'm just another cog in their wheel. I'll just be wearing all the hats in my trading business. Instead of Oil&Gas, it's just for trading". One thing I see here a lot is people saying to trade X amount of months/years or make X. •ProTip #3 -Think in man hours, not calendar. Example: Trader A puts in 1 hour of study/work/research everyday for 1 year. (365 Hours) Trader B puts in 12 hours of work every day for 4 months. (~1,450 Hours) Trader A lives in a major city while Trader B lives in the middle of nowhere. (Think cost of living) 2 totally different living expenses and 2 different calibers of dedication. I'd put my money on Trader B because he put in more man hours. (~1,000 more hours on the clock to be more exact). ProTip #4 - Have a cushion in your account AND your personal bank account. Having a strategy is great but you won't know entirely if you can fulfill and execute your plan until you experience the ups and downs both short and long term. A strategy is constant over long periods of time... there will be days, weeks, and perhaps a month here and there where you aren't making much money. We hear all the time, "Trade like a casino". Casinos don't make money day after day but the odds are in there favor over the long haul. Month 1 of full time trading was great: Immediately after going full time, the first month (September 2019 to October 2019), I did super well. Business as usual. No stress. Everything going as planned. No turbulence. At least not like I had ever experienced... The 2 prerequisites I had before resigning was:
Show consistency in returns. Consistent Sharpe Ratio.
Make a 4 figure trade (I achieved this while short 100 shares on ROKU September 20th, 2019 and even made a victory post if you scroll down my profile's posts.)
First life-changing trading lesson learned as a full time trader: That money printing spree ended on NFLX October 17th, 2019. Less than 1 month of being a full time trader. Deviating and going against my plan I actually made $500 in a matter of 4 minutes. If you follow my watchlists on Twitter, I always trade with the direction of the gap. If I notate, "Long Watches" that means I will only trade it IF (and only IF) I see a long biased pattern. Likewise I will only be looking to short my "Short Watches". Plenty of times I'll call out a ticker and it immediately goes the other way. No harm no foul because there was no long biased pattern to confirm my thesis. On 10-17-2019, I went against my plan and it worked.. NFLX gapped up to resistance and I went short when it tanked off of a short pattern.(This is known as fading). The market gave me a free lunch and then some. So now I'm walking on air in my mind: "I'm an absolute unit" "I'll do it again and clear another $500 to make it a 4 figure day before 9:30AM Central" "Should have quit my job way earlier being this good." Within 30 minutes of the open. I gave all $500 back. Yes I wanted to trade it back. Never have I had the desire to smash anything but I do understand those who do! Yes I stood there and felt like each passing second was wasted opportunity. The next 24 hours were long! ProTip #5:It's circumstances like that that help you in the long run. FunFact: I never once deviated from my plan since. Not ever again. "I could have paid for my groceries and electric for the month after 4 minutes of trading if I just took the free pass the market gave me" I felt dumb but in hindsight, I'm glad at what happened. It was this exact instance that married me to my strategy/business plan. The next day and the 7 trading days following. I didn't make 1 profiting trade. My longest ever drawdown - 11 straight trades. While researching I found out this was Decision Fatigue (I'll go over this shortly below) Put yourself in that situation... You have bills and your income is strictly trading. I don't care how much a robot you think you are or how strongly you believe in probabilities, when you were in an office less than a month ago making almost 6 figures sitting in an air conditioned office knowing direct deposit is on its way every other Friday no matter how well or poorly you performed at work.. Now you're in the hot seat. Its a bottomless feeling. Now all of your friends and families words are ringing in your head. But just like a boxing match.. you gotta take a hit to get a hit. Win some, lose some, shake hands and get back to normal life. Water under the bridge. Mind you: •No guaranteed direct deposit every 2 weeks. •No more medical/dental insurance. •401K retirement is no longer being matched. 11 trades is nothing. You only require ~5.5 trades at 2:1RRR to make it back OR 3.5 trades at 3:1RRR. It's nothing especially in your research because you can easily just scroll a little more and see, "Oh that's just a drawdown. No big deal". How will you react in real time? Will you buckle or choke? But the thing is, I was skipping trades out of fear and JUST so happened to be picking all of the unsuccessful ones. (Decision Fatigue) Think about those 2 weeks of being in a drawdown. Half of the month. You're not just stagnant, your account is bleeding slowly but surely. Next time you're looking at your spreadsheet/backtest/predictive model/research.. try to put yourself in those days of drawdown. It's not just 11 boxes of red with "-1R" or "Loss" in them. The screenshot above on Imgur is just a recent example. Think about your daily routine, going to the gym, hanging with friends, grocery shopping, cooking, going to bed, waking up, doing a routine, then losing again.. and again.. and again. Try to think of life during those 300+ hours (Weekends too) of, "I haven't made money. I've lost money. And I still have bills. After paying them, I'll be closer to my set Risk of Ruin". Here's a lesson you won't learn before going fulltime but I'll do my best to emphasize it here: Pick a strategy. And stick with it. It can literally be anything. Don't spread yourself thin watching 20+ tickers and be a jack of all patterns/tickers. Be a master of 1 pattern and master of 1 circumstance. There's this real thing called "Decision Fatigue" which explains exactly why what happened.. happened. The article explains that the 2 outcomes of this mental strain known as "Decision Fatigue" is:
Sound familiar? Does it kind of make sense now? As a new trader you have YouTube, Facebook, StockTwits, Twitter, "gurus", books recommended on Amazon, all throwing their ideas/strategies around, the market has opportunities littered all over.. Decision Fatigue is inevitable for the unprepared. Decision Fatigue happens in every profession. If you mess up at your 9-5, its just a blunder, your paycheck will remain the same. Just a slap on the wrist and move on. With trading, you make a mistake.. it's less food on your table, lights don't stay on, and/or water isn't running. That pressure adds up. No wonder so many fail... The signs of Decision Fatigue: •Procrastination. •Impulsivity. •Avoidance. •Indecision. When you find what clicks with you AND its either statistically or performance proven, have the courage to risk a healthy sum of your capital into it. There are strategies/patterns/styles of trading littered all over the internet: Very broad example: "IFcircumstance happensTHEN"Execution". Stoploss is XYZ. Target is XYZ.BECAUSEover a series of Y trades, I will make $X,XXX.xx". ProTip #6 :Strategies are all over the internet. It's your account/money, backtest it. People share their strategies here all the time and although I don't agree with them because I know what works for me, it's something to chew off of for you newer traders. YouTube is a harbor with people who give just enough info to figure their style out.You will lose trades. Sit for some screen-time and pay homage to the edge that you discover. All in due time. Insert key metrics and find correlations. This is how you create checks and balances to create/formulate a black and white trading plan. When I first started doing this, my spreadsheet(s) had so many columns it was annoying and would kill my desire to continue working. You'll find things that are imperative and some that are unimportant. For a lack of more colorful terms: "Throw stuff at the wall and see what sticks"Trim the fat. Rinse and repeat.
Here's some things I used to remind myself of and perhaps it'll ring some bells for you:
•Surrender your capital to your edge. If you truly accept the risk and trust your proven edge, losses don't feel like anything nor do profits. Although we're not here to put on losing trades and yes it does feel nice to profit. I still from time to time will excited when I hit target after a series of multiple profiting trades depending on my mood. •If you're nervous or your heart starts beating quicker when you hear the sound effect of a trade getting entered/filled. Be honest with yourself and ask yourself if you're truly accepting the risk. •Things you can't take to the bank:
Number of trades.
"This one great trade that I hit target in less than 30 seconds and I got filled better than expected"
All of these are integral metrics. But you're trading to make money. It's up or down, green or red, profit or loss, TRUE or FALSE. So with that said, find what works flawlessly and is easy to follow. Checks and Balances. Then allocate a good sum of risk into it. I read it here all the time, "Don't risk too much" and that's great and true for new traders. But don't sell yourself short. Push yourself over the edge and admit that you know your stuff. Think of Trader A and Trader B. If you've put the time in.. don't sell yourself short. You've built enough courage to learn a business so many fail at. This business has such a negative connotation. But remember that not everybody can handle meritocracies and that's exactly what the market is. Don't try to be the best, just work harder than everyone else and the output of your input will be relative. ProTip #7:YouTube trading ads from gurus... they're subconsciously making you think you're a novice trader.It's in their marketing. They study marketing psychology. The EASIEST things to sell:
People that are desperate for those things are the most vulnerable and these "Traders" marketers are fantastic at portraying all 3 of those things at once. •ProTip #8 (Broken record alert) :Write a business plan. Your strategy shouldn't take longer than 4 sentences to explain to another trader. When you have a plan that's proven through a statistic and WAIT for it to happen, you feel100Xbetter taking the trade. You don't even care too much when it results in a loss. Because that was your plan, you accept it much better, and you know it was just an expense for a winning trade. Want my strategy? "I scan for stocks with a market cap of over 250M, 10k shares premarket, gapping to support or resistance, priced over $10, and I look for a pattern biased to the direction of the overnight gap. It isn't rocket science. Check my Twitter, look at the dates I posted, and you'll notice the gist. Yes this is an edge but not the entire edge. How fast can you sift through 15 time frames? How long does it take you to fill out your order ticket? Your Fibonacci time extensions with 5 EMA's and Bollinger Bands aren't helping you. They're lagging. If they work for you, great. In my experience, they hindered my visibility. Pro Tip #9: Yes statistics are highly applicable to trading. Patternsdowork. All patterns do is tell you WHEN to enteexit, and how many shares. Humans will never think differently of money. Be the frontrunner of the market's emotions. Nobody remembers the indecisive leader. Risk taking is a commonality amongst leaders. Trading requires courage and it's O.K. to show a bit of confidence as long as you also have the humility to admit when you're in a bad trade.(Notice how I didn't put, "wrong". You're only "wrong" when you deviate from a proven strategy.) ProTip #10:Risk management is 24/7. I've never heard anyone mention this but think about it a little bit. Having financial obligations can become stressful regardless of how you earn your income but its far more stressful while running a business. Not just any business, but a business where you can go to work on your A-game, do every single last thing right, trade without emotion etc... and still walk away with less money than what you came to work with. Meanwhile somebody who JUST started trading made a 4 figure profit not knowing what the heck the difference betweenETB, HTB, or NTB. Think of it like this, a JV high school baseball player can hit a homerun off of an MLB pitcher once.. but how will he fare at the end of the season? Traders don't predict stock prices, traders predict the outcome over hundreds of trades. People chat me asking what TO do rather than what NOT to do. You don't learn labor intensive jobs or how to fly a plane by what to do.. you learn what NOT to do to stay alive. That's all I have. Once you have a trading plan underway and you're executing it, you don't have much time when your hobbies are cheap but I still do respond to chats/messages. I do get asked from a previous post when I'll build a website and to answer that: I'm learning how to build a site on rainy days. Can't put a definitive date on it. I will say that its coming, if you don't give up on this business in the next year or so, you'll see it. What I plan on putting on there:
Position size Calculators
Dictionary with examples
I just don't want some generic WordPress site. I want my website to be stellar and a great resource for aspiring traders. Something I didn't have learning this business. I want it to be something I'd consider a staple in a trader's resources. Perhaps one day it will be referenced on this sub frequently. FAQ:
"How do you prepare for a trading day?" I get behind the computer about 20 minutes before the bell. Reason being: "If you study long. You'll study wrong". If the chart isn't grabbing my attention and gets me excited, then I flick to the next ticker. I don't even know the companies I trade half the time nor do I care about a news report some journalist wrote. Also there is no magic news outlet that lets you know about "Major events that affect stock prices". If there was, I wouldn't be here because we're all subscribed to the same edge nor would I be trading my style.
"What would you go back to tell yourself?" Get more data. Save a little more, your hairline and sleep schedule will thank you. Take only perfect trades and don't feel forced to trade. There will be days you don't touch an order ticket. And days where you are busy and have tunnel vision. Next thing you know its time to shut it down for the day.
"Books?" - I try to humble myself when answering this but off the cuff, they're all mediocre. Andrew Aziz's was ok, definitely get it, it's only a few bucks on Kindle. Just don't expect it to give you strategies BUT it will give you ideas. If you're brand new, it is good as it will teach you the common vernacular of a day trader. Mark Douglas was interesting but his YouTube seminar recordings are much better. No book, Facebook group, YouTube channel is going to be the end all be all perfect strategy. Expect losses. Don't be a one hitter quitter after suffering a few tiny losses/paper cuts. Stick to it. Most books will help you familiarize yourself with the common vocabulary amongst traders and will hint ideas. It's your job to formulate the strategy and template for research.
"What is your background?" I was a logistics planner for a major oilfield services company. Later I then became a data/buyer analyst so yes, data analytics/research was a 2nd language for me entering trading. I did have that upper hand and did shave off months if not years for me.
"What is a normal day for you?" I'm always done trading after 10:30AM Central. I will hold onto a trade until right before the bell if it hasn't hit either target or StopLoss by the time I leave the house but it is absolutely closed in entirety by 2:55PM Central. After I trade, I enjoy the day. No I'm not riding around in my Lambos posting IG/Snapchat (I have neither) stories of my profits with my private jet waiting on a runway trying to sell an $7 eBook or a $100 membership (HINT HINT). I grill/cook, read, workout, ride my motorcycle, attack my other sources of income (small businesses I'm building), hit the driving range, shoot guns, etc. I live in Texas. Life is cheap and fun here.
"How did you discover your strategy?" I bought TradeIdeas premium, went through all of their computerized backtesting patterns, tested them. Then did what I mentioned earlier... Tried to find correlations in metrics. It distilled the trades to a strict criteria and here I am. I post on average 4-5 tickers on my watchlist. 7 max. I do not like spreading my attention thin across multiple tickers. I do not recommend buying TradeIdeas, it does have lots of bugs.
"What did you do/How did you get started?" Was a data analyst, was good at research and applied it to trading. My incentive was, "I could have made more money trading rather than sitting in 2+ hours of roundtrip traffic and 9 hours in an office. The data is there. Everybody sees the same charts all over the world. There are ways to make this possible"
"What is your % return?"(Not a fun question since a trading account is not an index or investment account. Intraday traders do not measure performance in %) I trade to make money AND pay myself, so my equity curve will look like a small loss or small gain after I pay myself. % return? I measure my account's performance in Sharpe Ratio and Risk Units. My Sharpe Ratio is ~1.85. While I yield roughly .8 - 1 R per trading day. Some weeks I make 10R. Some weeks I lose 2R. Yeah one week I might make $2,500. But the next week I might lose $300. The following week my strategy will yield $0 and the last week I might make $1,000. Some weeks suck. Some weeks are great. But overall. Just shy of 1R per trading day. Some days I'm super busy taking trade after trade. Some days I'll shut it down after 5 minutes without even filling out an order ticket. Some days I won't even see the open because there is no edge for me.. Keywords... "For me".
"Is enough to start trading?" Depends on where you live. Are you restricted to PDT? If not then how much are you obligated to expenses? I live in Texas. Things are cheap here. If you live in NYC or The Bay Area your expenses will be astronomical compared to mine. A $30,000 account is totally doable for a single Texan with low monthly expenses. Now if you're in California or New York? I'm sure you'll fall below 25k if you have 1 bad month. Also depends on if you have other sources of income or a full/part time job. I encourage every trader and aspiring trader to have multiple sources of income, don't rely solely on trading. Not just for the sake of mitigating pressure but also for sanity. If you have a family to provide for, I don't know what that's like, you never know when Little Johnny is going to randomly pick up Trombone lessons for a school program/play while little Suzie needs transmission work in her car because a simple solenoid went out. $1,700 later.
"Why do you need so many monitors?"I use 3 for trading. The 4th is for music. The other 2 are useless while trading. That's for trading though. When I made the decision to go full time, I knew I was about to go off the chain with research. And sifting between spreadsheets, a platform to see multiple timeframes for a pattern to backtest. My attention span is short, I'll lose my train of thought before I open the other tab to input data. But the main reason was for research. It's such a time saver and is a headache repellant when doing research while everything is laid out in front of you. Now that I have a system. I'll most likely be treating myself to 2 ultrawides for Christmas.
As always, thank you to everybody who takes time out to message me and letting me know some people read these and show appreciation. I would say, "Good luck" but there is no luck in trading. Just statistics. Remember that! In conclusion: Yes. Full time trading is possible, depending where you live/monthly expenses and obligations. You're more likely to become a profitable trader than a professional athlete. There is a level of uncertainty each day, perhaps each week, doubtful each month, and definitely not each year. If I ever want a raise, I just consult my business plan and financials, then decide if I can handle it mentally. If you have medical issues, get a part time job for the benefits. If you're healthy, just be careful. All the best! -CJT2013
As we wrap up 2020, I like to look back on this year's community pennystock picks as a fun retrospective. I encourage anyone to comment and share their experiences as well! I'm a big believer that going back and looking at historical trades as a method to continue to evolve as a trader. Things like price action, conviction, research and entry/exit points are all critical in becoming a better stock trader. This post ended up being a lot longer than I anticipated, and there are a few more stocks I wanted to include here that won't fit into my original post. So I'll probably follow up this post with a comment below with a few more pennystocks that were hype on this sub that I bought and learned from. This post will follow the following format:
When did you buy in:
Why did you buy in:
Entry share price:
Exit share price:
Catalyst for growth:
Here are a few of the rides I was on in 2020:
When did you buy in: Apr 20
Why did you buy in: I saw the price action on DECN and it looked like the price had found a floor at 0.18 on a pullback. There was still pending news on the release of some test results, and rumours of a COVID test kit. This was the first pennystock I purchased ever, and it was a HUGE learning experience.
Entry share price: 0.18
Exit share price: 0.35
Catalyst for growth: Speculating on at home COVID test kit.
Outcome: Well, I think everyone knows how this went. The stock spiked to 0.48 on Apr 23 before falling off a cliff. Trading was halted, and stabilized at 0.35 before crashing again. Then by the end of the day, the SEC showed up and halted all trading on DECN because of potential fraud with their COVID test kit announcement. I think DECN was a trial by fire for many newcomers to this sub. I was one of the lucky few that got out early and was in pennystocks as just a casino style gambling machine, not as long term value proposition. DECN is now trading at 0.02, and i would stay as far away from it as possible.
Lesson Learned: Buy the rumour, sell the news! I think this was my first harsh introduction to OTC markets, the speed of pump and dumps, and the threat of bag holding. I'm really glad I was able to exit on the right side of this, but it made me incredibly weary of all future OTC buys, learning my lesson that the vast majority of pennystocks are garbage.
When did you buy in: May 5
Why did you buy in: I was trying to replicate my DECN success but this time I was chasing a pump prior to earnings call on a rumour that MVIS was going to be acquired by MSFT.
Entry share price: 1.50
Exit share price: 0.75
Catalyst for growth: Buy out by MSFT by some internet stranger here on /pennystocks
Outcome: Well, I got out very early, essentially one day after I bought because the news on the earnings report was so uninspiring that I thought the stock was dead. Well, we all know what happened afterwards!
Lesson learned: This one is funny, because it taught me about when to bag hold and when to not bag hold. But this is the tricky part. On May 8, after the earnings report, MVIS fell from 1.50 to 0.60 before recovering and stabilizing to 0.90. This taught me the big threat of "weak hands" as well as pennystock price volatility. I saw my initial investment lose 65% of value within minutes, and it scared me to sell off. If I just had been more convicted on the company, I would have broken even within 4 weeks, and actually doubled my initial investment within 8 weeks. This taught me a big thing about buying rumour and selling news, but also more importantly about a company with a real product. MVIS was actually making hardware for advanced computer vision, and sure they were in hard shape, but they actually had a product that was bringing in revenue. They weren't an OTC, and seemed legit. Obviously, hindsight is 20/20, but this taught me two big things: 1. Don't chase a pumping stock prior to earnings. If you are, set stop losses and less right before the earnings report. 2. Decide whether you're swing trading for a quick gain or investing for longer term. The two are incompatible in my opinion, because with swing trading you'll set aggressive stop losses and be happy with gains vs time. Investing is much more about maximizing the percentage gain on a holding with conviction.
When did you buy in: May 11
Why did you buy in: Posts on this sub about debt consolidation and a new CEO that turned around Coach USA from a $100M company to a $1B company.
Entry share price: 0.02
Exit share price: 0.08
Catalyst for growth: Pure speculation and pump.
Outcome: Wow, this was a ride. This was the first time I remember opening up my account and seeing a 10x return. TLSS had hit 0.20 on the morning of May 27 and it had stabilized there for 3 days! I didn't sell because I thought this was the start of something big. Ya...it was the start of a big mistake! TLSS cratered after that, falling all the way down to 0.05 and then slowly bleeding out over the next 5 months.
Lesson learned: When you see a 10x return on an OTC pennystock, be wary of why the stock went up. If it doesn't have good legs behind why the stock is all of a sudden worth 10x its valuation, then take your profits and run!
When did you buy in: May 26
Why did you buy in: I saw some random pump on stocktwits about this stock and it looked stable with a floor.
Entry share price: 0.75
Exit share price: 0.96
Catalyst for growth: No catalyst, was just using random internet stranger advice.
Outcome: I was initially happy with my 30% gains!
Lesson learned: Well, SPI is trading at $8 right now after they announced they're buying Phoenix Motor Cars. But back in May, when bought SPI, they looked like a super shady shell company. Their website looked like it was made in 2012. It had information about solar panels and weed growing ops. They were head quartered out of Hong Kong. They put out almost no news. This didn't seem like a legit company, but I thought I could flip them for a quick 20% gain with minimal time and effort. If I had known they were a more compelling operation, I would have held long term. I don't think there's a lesson here. SPI was a lottery ticket, and I think people who were holding got lucky.
When did you buy in: May 28
Why did you buy in: There were good posts on this sub about a potential merger, increased revenue streams, a big government contract and good new management.
Entry share price: 0.025
Exit share price: 0.0405
Catalyst for growth: Speculation on some potential government deals.
Outcome: I went in thinking this is a pump and dump, and I had learned my lesson after DECN. As a result, I was getting out with 100% gains and not looking back. I think anyone who is still holding OZSC knows that this was a lot of smoke and mirrors. People tried to chase this and got burned.
Lesson learned: When it comes to buying OTC, always be incredibly wary. For every ALPP, there are hundreds of OZSC and DECN.
When did you buy in: June 9
Why did you buy in: There was so much hyper and momentum on this sub about how XSPA was going to open up in New Jersey airport, then every other airport. And that they were set up to take over the entire COVID testing apparatus!
Entry share price: 2.1
Exit share price: 2.7....but after a 3-for-1 reverse split...so actually 0.9
Catalyst for growth: Rumours of XSPA being the
Outcome: Well, this is the biggest turd of all my investments. So many people were able to play XSPA back in early June for huge gains. I thought I could ride the lightning on a second wave of good luck! But this thing was stupid, and I ended up costing me dearly.
Lesson learned: Don't believe the hype on stocks that are too good to be true. Think about macro factors. XSPA slowly bled out, and I got out after realizing that there was no hope for recovery. I sold at a 50% loss and redeployed my remaining funds to recover my losses. I hate this stock and everything it stands for.
When did you buy in: Jun 10
Why did you buy in: Lots of rumours of them releasing an electric car fleet in China! Also, claims that people had personal conversations with the CEO Alf Poor and how he was the real deal! But mostly because IDEX had found an amazing price floor at 1.10 and had been trading sideways for weeks on end at that price. I know people in this sub were incredibly wary of a stock that was manipulated so perfectly, to always trade within 2% of its price floor, but I saw it more as a way to ensure a floor.
Entry share price: 1.11
Exit share price: 1.60
Catalyst for growth: IDEX blew up based on pictures they released of a potential show floor for their electric car environment in China.
Outcome: Well, I think after DECN and maybe GNUS, IDEX may have the most bag holders of any stock in this sub.
Lesson learned: Be wary of any stocks dealing with business in China. I remember watching IDEX go up to 3.20 and I regretted selling so soon! I wish I had just held and squeezed more out of that stock. But then I watched IDEX crap itself down the toilet over the next 3 days, falling all the way back down to 0.92 based on the Citron release that indicated that IDEX was a sham company.
When did you buy in: Jun 18
Why did you buy in: The launch of their app was supposed to revolution online gambling and with DKNG and PENN pumping, they could see some real sympathy. Also, their stock pumped to 0.20 just based on hype of their app. Imagine the share price when the app actually releases!
Entry share price: 0.24, then DCA'd down to 0.07
Exit share price: 0.02
Catalyst for growth: The release of their app
Outcome: Well, their app sucked and their stock sucks.
Lesson learned: Do not chase pumps. This stock is by single biggest loser, as I ended up losing about 80% on this turd. The lucky part is that I didn't go in hard, as I didn't fundamentally believe in the product. But its still a big shot to the ego getting wrapped up in the hype. I hate CLIS, and this stock has made me incredibly wary of OTC. I think CLIS (and OZSC) is a big reason why I was so hesitant of following ALPP despite all the hype and good news.
When did you buy in: June 26
Why did you buy in: Rumours of a Walmart partnership and a potential revenue windfall.
Entry share price: 2.28
Exit share price: 3.10
Catalyst for growth: There were rumours that CLSK's microgrid controller was going to be used at every Walmart ever. There were faux emails floating around on this sub from someone who claims they spoke to CLSK IR and got the inside scoop, but this was followed up with other members of this sub emailing CLSK IR to verify and CLSK ended up denying the rumours. The stock pumped to 3.50 before falling back down, stabilizing then going on a huge 10x rally over the next 4 months.
Outcome: CLSK is currently trading at $29 on the strength of their expanded product portfolio and great PR. They have lots of international customers that are using their microgrid controller, and they recently used their share offering to purchase a bitcoin mining operation that is helping them generate an additional $7M a year in revenue.
Lesson learned: When you find a company that has a legitimate product, with real leadership, have some conviction and hold the stock for more than just a 20% flip. I could have been up 10x but instead I settled for a quick 40% flip because I was scared of bag holding.
If you're looking for an easy way to learn how to play poker online, I suggest you consider IDNPoker. The website is very mobile-friendly, has a progressive jackpot that upgrades in real time and offers eight customizable deposit choices. Eight customizable deposit choices include US dollars, Euros, Pounds, Canadian dollars, Japanese Yen, Swiss Francs and Euros. ISIDNPoker is definitely the place to be if you want to learn how to play poker online. Now let's take a look at some of the games available at idNPoker. The website offers a variety of online gaming formats including Texas Holdem, Caribbean Stud Poker, and Online Caribbean Craps. In addition, there are other games available, including Bingo, Keno, Lottery Wheel, Online Free Roll Poker, and Online Skratch Card Games. If you haven't tried any of these games, you should really give them a try! There are also a variety of bonus offers and promotions on the website that will increase your earnings even more. The website offers a variety of poker games from around the world. In fact, if you've ever considered playing poker at an actual live casino, I wouldn't recommend it. There are too many issues that just don't make the experience realistic or enjoyable. However, online gambling is a completely different story. If you choose to play at an actual live casino, you will likely have to convert at the time of purchase if you are not a U.S. citizen or a resident of certain western countries. This often requires you to wait an additional three to five hours before you can cash out your winnings. This is especially troublesome in the case of progressive jackpots which are typically much larger than the maximum amount of cash that one player can claim. For this reason, I recommend that if you are planning to spend some money on an idNPoker poker game, you play it at an internet casino. These casinos are usually considerably faster and convenient, especially considering the fact that you can play from the comfort of your own home. There are currently no known negative aspects of playing at an internet casino, including the possibility of playing with fake money. Although I was unable to find any information on this matter, it is important to consider that the internet offers a virtually risk free environment for all of its consumers. Unfortunately, due to the lack of regulation, there are no procedures in place to ensure that individuals and businesses are conducting business in a manner that is both legitimate and safe. Unfortunately, there are also some risks involved with playing at an idNPoker game online. For example, players may be subject to the use of bots which will place them at a disadvantageous position in the match. Bots are a way of limiting the effect of human emotion and error by selecting the highest paying handouts for the players in order to keep the winnings coming. However, due to these risks, I recommend that players who intend to participate in an idNPoker game with a live dealer try the game at an internet casino prior to participating in an actual live casino.
Nguồn:8 Chiến Lược Khi Chơi Game Trực Tuyến Cho dù trò chơi craps bạn chơi như thế nào, theo một số khuyến nghị, vẫn có những chiến thuật và chiến lược có lợi nhất. Trong trường hợp bạn tin vào những cách mà chúng tôi đã đề cập, lợi ích đến với nhà cái sẽ giảm xuống còn 1,40%. Truy cập TrangSố Đỏ Casinocủa chúng tôi để biết thêm thông tin và các trò chơi thú vị khác được cập nhật hàng ngày
8 Chiến Lược Hàng Đầu
Cho dù bạn chơi trò chơi như thế nào, theo một chiến lược nào, thì chiến thuật có lợi nhất luôn là Chuyền hoặc Không Chuyền và lựa chọn khác Đến / Không đến. Trong trường hợp bạn tin vào những cách mà chúng tôi đã đề cập, lợi ích đến với nhà cái sẽ giảm xuống còn 1,40%.
1. Chuyền Và Đến Cược
Do lợi ích nhỏ đối với sòng bạc; các chiến lược Craps này được ước tính là lựa chọn đáng chú ý cho những người chơi đang phân vân để chọn đặt cược tốt hơn. Tốt hơn là hãy làm theo Chuyền Và Đến Cược. Nó rất được khuyến khích bởi vì Chuyền Và Đến Cược; là những lựa chọn tốt trong trường hợp bạn do dự khi đặt niềm tin vào chúng. Các chiến thuật này có thể chinh phục niềm tin của người chơi cờ bạc; do tính phù hợp của chúng trong các phiên bản chơi như sòng bạc trực tiếp; và sòng bạc trực tuyến trên các trang web hoặc máy thông qua công nghệ và Internet.
2. Những Điều Cần Nhớ Khi Sử Dụng Cược Đường Qua
Đề xuất của chúng tôi đã được hiển thị trên tiêu đề. Có. Trong các chiến lược Craps, đó là đặt cược Dòng vượt qua để bạn làm theo. Đây là một trong những chiến thuật đáng tin cậy của tôi; và có thể là con đường ngắn nhất cho những người chơi muốn giành chiến thắng trong trò chơi. Bao gồm lợi thế rất thấp cho nhà cái lên tới 1,41%; trong khi cơ hội chiến thắng đang rất tiềm năng cho người đặt cược. Nếu kết quả trả về ở mức 2,3 hoặc 12; không có gì để nhận ngay bây giờ; hoặc trong trường hợp con lăn ngừng ở 7 thì số điểm sẽ được xác định.
3. Cách Sử Dụng Chiến Lược Craps – Hãy Đặt Cược
Mặc dù có một số tính năng tương tự như đặt cược đường chuyền trong chiến lược Craps; chiến thuật này chỉ có hiệu quả ngay sau khi số điểm xuất hiện. Chiến thắng sẽ được trao cho người chiến thắng trong trường hợp người bắn tuyên bố nhận được các số như 7 hoặc 11. Cho đến khi cược sắp diễn ra và các số 2,3,12 xuất hiện; điều đó có nghĩa là lần sau may mắn hơn! Trong trường hợp các số khác có thể xuất hiện; số điểm của bạn sẽ là duy nhất và nằm ngoài các số được tạo trên đường chuyền. Chiến thuật này tạo ra nhiều tiềm năng để có được chiến thắng hơn bất cứ điều gì. Đây là lý do mà chiến thuật này là một trong những lựa chọn nổi tiếng nhất mà bạn có thể dựa vào.
4. Những Gợi Ý Không Nên Bỏ Qua Và Đừng Đặt Cược
Không quan trọng khi bạn là người mới bắt đầu hay người chơi thành thạo về chiến lược Craps; bất kỳ ai cũng có thể mắc phải những sai lầm bất ngờ và thất bại trong việc đặt cược bất cứ lúc nào. Nguyên nhân chính là đặt cược vào các đối thủ cạnh tranh đang tham gia Craps và đặt các lựa chọn của họ vào cược Vượt qua và Đến. Do đó, hãy hành động ngược lại. Tên đặt cược này bắt nguồn từ tình huống bạn giành được chiến thắng còn những người tham gia khác xung quanh bạn thì không. Tình huống này có thể khiến bạn khó xử. Tuy nhiên, sự kiện này đẹp hơn nhiều so với việc không có gì để trở về nhà. Cuối cùng, có một số người nhấn mạnh vào cá cược đáng tin cậy này.
5. Lựa Chọn Cần Biết: “Đừng Vượt Qua”
Ngược lại với đặt cược đường chuyền trong chiến lược Craps, “Không vượt qua” là mục tiêu tiếp theo mà tôi muốn giới thiệu. Nếu kết quả sắp tới là số 2 hoặc 3, “ting! ting! ” và tiền sẽ ở trong túi của bạn. Nếu những con số ra là 7 hoặc 11, may mắn có thể sẽ đến trong lần tới. Ngoài ra, chúng tôi cung cấp một điều cần ghi nhớ. Lợi ích của nhà cái vẫn không đáng chú ý với 1,36% và không phức tạp để được kiểm soát.
6. Chơi Với Đừng Đến Đặt Cược Một Lần.
Ngược lại, Không đến Cược, rõ ràng là khác với Cược Đến, là đáng chú ý. Do thiết lập linh hoạt để tạo, con bạc có thể có thiết lập này sau khi nhận được số điểm. Tiền thắng sẽ thuộc về bạn trong trường hợp 3 hoặc 2 xuất hiện và hòa khi kết quả 12 trả về sau khi quay. Mức chi trả cho loại cược này cho nhà cái là 1,41%.
7. Giới Thiệu Về Tính Và Đặt Tỷ Lệ Cược
Trong bài đăng này; nhóm của chúng tôi sẽ cung cấp một số thông tin chi tiết; về một cuộc cá cược được biết là không mang lại lợi nhuận cho nhà cái. Nó không phải là một loại chiến thuật phổ biến; trong danh sách hướng dẫn cách chiến thắng trong trò chơi Craps. Chiến lược tỷ lệ cược đặt này chỉ được áp dụng khi bạn đã đặt tiền của mình vào đặt cược Vượt qua hoặc Đến. Chờ người cầm gậy thông báo kết quả điểm; bạn sẽ có khả năng đặt cược bằng bội số tiền cược của dòng Chuyền. Điểm thú vị nhất đến từ chiến lược này là cung cấp tỷ lệ cược thực sự. Cơ hội chiến thắng này không thay đổi như cách bạn sẽ được trả lại. Vì lý do đó, nhà cái sẽ chỉ có lợi nhuận khi có lợi cho cược chính; và sẽ có nhiều tiềm năng hơn để bạn đặt cược với tỷ lệ cược ổn định.
8. Khi Nào Cần Đặt Cược Hiện Trường
Cược Field được coi là một lựa chọn hấp dẫn trong chiến lược Craps dành cho những tay cờ bạc không thể chịu được sức hấp dẫn đến từ lựa chọn một ván với tỷ lệ cược hấp dẫn và lợi nhuận thấp của nhà cái. Nó chứa tỷ lệ cược của nhà cái ở mức 5,56%, tốt hơn cho nhà cái. Tỷ lệ bây giờ lớn hơn nhiều so với các loại còn lại, tuy nhiên, con số này là tỷ lệ thấp nhất trong số bất kỳ loại cược nào ngoài cược. Nhưng có một nhược điểm là người chơi cược cần nhớ những con số không thay đổi: 2,3,4,9,10,11, và 12.
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Today I signed the first few pages of hiring paperwork for my dream job.
I started learning how to play poker when I was 11 years old. One of my favorite uncles (Mind you, they were all pretty much my favorite. I have a wonderful extended family.) came into town one holiday and sat me down and taught me the basics of Texas Hold ‘Em. I played off and on in person and online for the following years to come. When I was 16, my mother remarried a man who hosted a “dealer’s choice” quarter game every Sunday and had done so for 30 years prior. When I was 18, I was finally allowed to play in that game. I played with those old heads for three or four years before I moved to another part of the state. After high school I had absolutely zero idea what I wanted to do with my life and I had accrued debt long before I realized how that would negatively affect my life. So I did a lot of various entry level jobs, bouncing across various cities and states trying to find myself. After a bit of soul-searching and a series of random (and some unfortunate) events, I found myself, giddy as all get-out, to be in a blackjack dealer training class. After six weeks of unpaid training and a lot of practice, the day before Thanksgiving 2017 I started my career of dealing cards. It was a start for me, but from day one I said “I became a dealer to deal Poker.” With my love for card games, it wasn’t hard to see from day one how much I absolutely adored the casino atmosphere, especially on the weekends when the bands are playing and people are dancing and drinking and having a good time (pre-COVID I mean, things are weird now) and I was never afraid to dance around and have fun on any table while dealing whatever game that I was scheduled on. In my previous casino, every dealer was required to deal Blackjack and core games like Let-It-Ride, 3-Card Poker and 4-Card Poker. Dealers could take additional games if they wanted, like Roulette, Baccarat, Craps, and Poker, but regardless of the additional games that you take, every dealer is still required to deal Blackjack or core games if needed at any time. With that being said, for the last three years in my casino every player, coworker, floor, pit boss, manager knew I was there for the poker room and dealt poker every single chance I got. My passion for poker and my desire to travel the world and become the greatest poker dealer that I could become in this life was never a secret. Well in August, due to a very horrible series of life events, I left the casino that I had loved for so many years and had to move out of my apartment and back in with family to get my bearings back and figure out the next steps to take. I decided to try something that I wasn’t sure I would be able to do. Go from my tiny town casino where I dealt Poker and Tables Games alike to a Poker Room where I would be dealing Poker and Poker only. So! After all of that backstory and introduction (Sorry, I don’t get out much) I’m writing this today because I had gotten the call from my first choice casino today and I found out that I had passed my audition and they were extending an offer of employment to me and I was to start the onboarding process as soon as possible! From what I’ve gathered, this Poker Room is one of the best on this side of the country. So.. I’m telling you, internet, because I thought maybe in this horrible, crappy time you guys may enjoy hearing a story of a girl receiving the job of her dreams today. I’m pretty stoked. Holy cricket this is happening!
The next Detroit: The catastrophic collapse of Atlantic City
With the closure of almost half of Atlantic City's casinos, Newark set to vote on gambling and casinos or racinos in almost every state, it seems as if the reasons for the very existence of Atlantic City are in serious jeopardy. Israel Joffe Atlantic City, once a major vacation spot during the roaring 20s and 1930s, as seen on HBOs Boardwalk Empire, collapsed when cheap air fare became the norm and people had no reason to head to the many beach town resorts on the East Coast. Within a few decades, the city, known for being an ‘oasis of sin’ during the prohibition era, fell into serious decline and dilapidation. New Jersey officials felt the only way to bring Atlantic City back from the brink of disaster would be to legalize gambling. Atlantic City’s first casino, Resorts, first opened its doors in 1978. People stood shoulder to shoulder, packed into the hotel as gambling officially made its way to the East Coast. Folks in the East Coast didn't have to make a special trip all the way to Vegas in order to enjoy some craps, slots, roulette and more. As time wore on, Atlantic City became the premier gambling spots in the country. While detractors felt that the area still remained poor and dilapidated, officials were quick to point out that the casinos didn't bring the mass gentrification to Atlantic City as much as they hoped but the billions of dollars in revenue and thousands of jobs for the surrounding communities was well worth it. Atlantic City developed a reputation as more of a short-stay ‘day-cation’ type of place, yet managed to stand firm against the 'adult playground' and 'entertainment capital of the world' Las Vegas. Through-out the 1980s, Atlantic City would become an integral part of American pop culture as a place for east coast residents to gamble, watch boxing, wrestling, concerts and other sporting events. However in the late 1980s, a landmark ruling considered Native-American reservations to be sovereign entities not bound by state law. It was the first potential threat to the iron grip Atlantic City and Vegas had on the gambling and entertainment industry. Huge 'mega casinos' were built on reservations that rivaled Atlantic City and Vegas. In turn, Vegas built even more impressive casinos. Atlantic City, in an attempt to make the city more appealing to the ‘big whale’ millionaire and billionaire gamblers, and in effort to move away from its ‘seedy’ reputation, built the luxurious Borgata casino in 2003. Harrah’s created a billion dollar extension and other casinos in the area went through serious renovations and re-branded themselves. It seemed as if the bite that the Native American casinos took out of AC and Vegas’ profits was negligible and that the dominance of those two cities in the world of gambling would remain unchallenged. Then Macau, formally a colony of Portugal, was handed back to the Chinese in 1999. The gambling industry there had been operated under a government-issued monopoly license by Stanley Ho's Sociedade de Turismo e Diversões de Macau. The monopoly was ended in 2002 and several casino owners from Las Vegas attempted to enter the market. Under the one country, two systems policy, the territory remained virtually unchanged aside from mega casinos popping up everywhere. All the rich ‘whales’ from the far east had no reason anymore to go to the United States to spend their money. Then came the biggest threat. As revenue from dog and horse racing tracks around the United States dried up, government officials needed a way to bring back jobs and revitalize the surrounding communities. Slot machines in race tracks started in Iowa in 1994 but took off in 2004 when Pennsylvania introduced ‘Racinos’ in an effort to reduce property taxes for the state and to help depressed areas bounce back. As of 2013, racinos were legal in ten states: Delaware, Louisiana, Maine, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, and West Virginia with more expected in 2015. Tracks like Delaware Park and West Virginia's Mountaineer Park, once considered places where local degenerates bet on broken-down nags in claiming races, are now among the wealthiest tracks around, with the best races. The famous Aqueduct race track in Queens, NY, once facing an uncertain future, now possesses the most profitable casino in the United States. From June 2012 to June 2013, Aqueduct matched a quarter of Atlantic City's total gaming revenue from its dozen casinos: $729.2 million compared with A.C.'s $2.9 billion. It has taken an estimated 15 percent hit on New Jersey casino revenue and climbing. And it isn't just Aqueduct that's taking business away from them. Atlantic City's closest major city, Philadelphia, only 35-40 minutes away, and one of the largest cities in America, now has a casino that has contributed heavily to the decline in gamers visiting the area. New Jersey is the third state in the U.S. to have authorized internet gambling. However, these online casinos are owned and controlled by Atlantic City casinos in an effort to boost profits in the face of fierce competition. California, Hawaii, Illinois, Iowa, Massachusetts, Mississippi, Pennsylvania and Texas are hoping to join Delaware, Nevada, New Jersey and the U.S. Virgin Islands in offering online gambling to their residents. With this in mind, it seems the very niche that Atlantic City once offered as a gambling and entertainment hub for east coast residents is heading toward the dustbin of history. Time will tell if this city will end up like Detroit. However, the fact that they are losing their biggest industry to major competition, much like Detroit did, with depressed housing, casinos bankrupting/closing and businesses fleeing , it all makes Atlantic City’s fate seem eerily similar.
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PRE POST EDIT - Damn I'm sorry this is so long. TLDR - got hoovered up for an entire day and fell for it again. Hello random internet friends. I'm all over the place and it's hard to write this because I know what a lot of you will be thinking and telling me to do. I'm not sure even why I'm writing this, I guess I just need to get my thoughts out there and rant / vent etc. Last Tuesday my wife (after we'd had a fight over chocolate spread, yep! fricken chocolate spread) came to me and said that she didn't want to be in this anymore. I grey rocked my arse off and simply replied "Yep! I agree" Apart from a talk on Wednesday night we remained apart from each other as much as we could (As I have three kids and literally no funds and no family or friends nearby I couldn't leave the house). Over the next few days I was an emotional rollercoaster I just kept up with the grey rock but found that during the days I was feeling really down but whenever my wife was out or in the evenings when she was in bed and I was still up I was feeling quite positive. Fast forward to yesterday and the big hoover started. It started in the morning. I said that I was going out to the shops and she said that she needed to speak to me first. She came in quite strong. "I don't know what is going on with you but I need to have full access to understand what your problem is so I can help". "Full Access to What?" "Your bank accounts, Your debts, your emails" "I'm not giving those to you" "I think there is something going on with you and I want to help so I need to see them, I think you have a gambling problem or something" I'd just like to add at this point that I do not gamble, sure I've been the casino a couple of times and the horse races but more for the day out to have fun than to do any serious gambling, (we're talking perhaps 10 occasions over the last 15 years or so) Normally I've come out even or lost like £40 or something. One time, about three years ago I placed a relatively large bet and lost and she keeps bringing this up saying that I have a problem with gambling but since then I haven't gambled at all. I eventually caved in under the pressure (I don't have anything to hide on my statements) and said I would print them off for her later. She then started saying that I have addiction problems and I had to get rid of my computer because I'm addicted to it. I enjoy playing some strategy games but I only do this for a hour or two in the evening after everyone has gone to bed. Throughout all this the grey rock got dropped and I started engaging with her and of course I was trying to explain that the real reason I wasn't her meltingmandible and more was because of the way she has treated me over the years we have been together. She said that she wasn't going to do the "abused little husband thing again" The conversation went on and I somehow managed to get her to agree that she wouldn't call me names anymore, she wouldn't put me down, she would berate me over the amount of money that I make. I left for the shops and when I got back she came up to me and put her arm around me and was really nice to me. Ok I thought, we then got inside and she said "You know, we've spoken about what you need to make this relationship, but we didn't speak about what I need" Ahhhh, crap! here we go. turns out she wants the following She wants me to pay her 65% of my salary to contribute towards all the house bills, this will leave me with enough money for petrol and to cover my mobile phone bill and a couple of other things, you have to bear in mind that she an income of approximately 15 times my annual income. She wants me to get rid of my computer because she doesn't like me playing computer games, carrying out family history research, or video editing which I all do as a hobby. She wants me to help out around the house more, (I'm up 3 hours before her every day getting the kids up and ready for school, doing snack boxes, walking the dog. I go to bed 3 or 4hours after her and I'll generally clear up the kitchen and tidy away things around the house. I'll leave work early to pick up the kids and have to work over time to make up for it. I'll cook about 50% of the time and also bathe the kids when I get in from work. She wants access to bank account so she can keep an eye on it. She wants me to make an effort to lose weight as she says I'm obese (I'm overweight but I'm also 6ft 2in so I can carry it off a bit. I also eat when I'm feeling down) By the end of all of this I was so emotionally exhausted that I just stupidly agreed to it all. When she went to bed, I put the kids to bed and went into her bedroom and she started bursting into tears about how this relationship has degraded, I said that I was willing to take ownership of the things that have gone wrong but she also needed to understand that she has caused our relationship to suffer as well. We talked for almost an hour and the best I got out of her was "yes I fly off the handle when I shouldn't sometimes but it's only because of what you have been doing" throughout all of the day I could see what was happening but Seeing the woman that I love crying her eyes out in front of me and feeling that I could make her feel better was just too much for me and I finally buckled. So to close. I now have to
hand over 65% of my paycheck
not use the computer as much for things that I enjoy, family research, video editing, and strategy games
do more work around the house
see a therapist about my addiction problems to food, computers and gambling (food, I agree I have a problem with when I'm feeling down but I don't gamble and have never had a problem with gambling, the computer, I only use for recreational in the evening when everyone else is in bed and I'm by myself)
In return she is going to:
try and stop calling me names
not put me down so much
not roll her eyes at me when a household bill comes in and I ask for her credit card to pay it.
What the f*** is wrong with me? I thought that there was a little light at the end of this long 15 year tunnel but I just got sucked back in. Even though I know what has happened and what was happening my heart was breaking seeing her crying.
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TRUSTWORTHINESS OF CASINO FRIDAY
The casino utilizes some of the most reliable payment methods and uses 128 bit SSL Digital Encryption to ensure that all transactions are 100% secure. It will also be fully licensed with the Malta Gaming Authority and the Kahnawake Gaming Commission to ensure continuous auditing and trusted game play. >>Collect Free Spins No Deposit Bonus<<
CASINO FRIDAY LICENSE
The casino is owned and operated by 1UP Entertainment BV with registered number 153120. We don’t have the casino license numbers yet as the applications are with the MGA and Kahnawake Commission. Here you can find the registered address of the company at 9 Abraham de Veerstraat, Willemstad, Curaçao.
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Play Grande Vegas Casino Games
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Grande Vegas Casino Bonuses and Promotions
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Grande Vegas Casino Payment Methods
There is one significant inconvenience, which is that international players will need to use US dollars if they want to play for real money at this particular online casino. This is the only accepted currency, which could be explained by the casino’s dedication to its American customers. The offered methods for making deposits and withdrawals are also quite limited compared to the wide range of banking options provided by many other online casinos. The casino allows deposits to be made using credit and debit cards (Visa, MasterCard, American Express, and Diners Club International), digital wallets (Neteller, Skrill, and EcoPayz), the prepaid Paysafecard, different money transfer services (Western Union, MoneyGram), and wire transfers. The casino does not have any processing fees for the transfers and the deposit should appear almost instantly in your account balance. When it comes to withdrawing your winnings from the casino, you have several options, but you should know that there is a pending period of up to 48 hours for every withdrawal. Also, financial transactions are not processed during the weekends. If you use a credit card (with the exception of MasterCard, as the card issuer does not allow withdrawals from casinos), the withdrawal will be completed within 3 to 7 business days. If you retrieve your winnings to your e-wallet, they will be transferred within 24-72 hours. Wire transfers usually take between 5 and 10 business days to complete, while if you are receiving the payout via a courier check, you can expect it in at least 3 weeks. Sometimes, checks would arrive in over a month, which makes them a less preferred payment method. There are certain deposit and withdrawal limits (maximum and minimums) players need to consider before registering an account here as well. >>Collect Free Bonus Here<<
Grande Vegas Casino Customer Support
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Licensing and Restricted Countries
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About Jackpot Capital Casino [REVIEW]
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Play Jackpot Capital Casino Games
Realtime Gaming is popular for having developed a plethora of top-notch casino games. The portfolio here confirms that statement as you will be able to find an incredible variety of table games that can be played in single and multi-hand variations, poker, slots, video poker, scratch cards. You will find the available games divided into several categories. If you want to take a look at all the games, you can just click on the “All” tab. The latest additions to the online casino's portfolio are found in the “New” section. Currently, no live dealer games are available.
The casino features a number of games that make it possible for you to win millions by making a modest wager. The more players that take part in a certain game, the bigger the jackpot becomes, as a small amount of the bet is set aside for the progressive jackpot pool. Megasaur, Spirit of the Inca, Let It Ride, Caribbean Stud Poker, Caribbean Hold'em Poker are some the available titles. The Spirit of the Inca has the so-called boiling point jackpot feature, which adds further excitement to your gameplay.
The Slots section offers a decent number of titles and you have the chance to choose between the classic 3-reel slots and the latest 5- or 6-reel slots packed with bonus symbols and appealing awards. If you find a slot that features an exciting theme and matches your bankroll criteria, you can add it to your favorite games and therefore find it in the “Favourites” section later. Don't miss all-time favorites such as Achilles, Naughty or Nice, Bubble Bubble, Texas Tycoon, Triple Twister, Paydirt, Regal Riches, Aztec Treasure, Golden Lotus, Hen House, Spirit of the Inca, Pirate Isle, Orc vs. Elf, the ancient Rome-themed, Caesars Empire, etc. Some of the slots have the so-called Win-Win feature that basically eliminates the chance of leaving the game empty-handed.
You will find a select few games in the Specialty section, such as Craps, Treasure Tree, American and European Roulette.
The Table Games section is a bit more abundant than the Specialty one although players are still provided with a limited choice of games as compared to what some other casinos offer. If you are looking for several game variations of each table game, you might want to check out some other online casinos. However, if safety matters to you and you consider the casino's available games enough to possibly win a bit and enjoy yourself, you are more than welcome to place your real-money wager and indulge in Pontoon, Baccarat, Pai Gow, Match Up, Perfect Pairs, Classic Blackjack, European Blackjack, Super 21, Face Up, Three Card Rummy and a popular option believed to have originated on the island of Aruba, Caribbean Stud Poker.
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If you want to have access to your favorite games from any location, you don't have to download and install an app; you only need load the website via your mobile browser. The games are compatible with iOS, Android, Windows and Blackberry devices. Although you will be able to see the game variety in its entirety, you might not be able to load all the games you see. Players can rely on superb graphics, fast deposits and withdrawals and efficient customer support as well. In addition, mobile users are entitled to receive certain bonuses and collect Comp Points, explained in the next section.
Jackpot Capital Casino Bonuses and Promotions
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Jackpot Capital Casino Payment Methods
This virtual casino supports the following payment processors as deposit methods: American Express/ MasterCard, VISA credit/ debit cards, Neteller, Skrill, ecoPayz, Paysafecard. Although their availability varies from country to country, you will definitely have at least one convenient payment method at your disposal. It is important to know that the casino accepts USD only. Deposits in any other currency will be converted into USD according to the current exchange rate. If you opt for deposits via credit/ debit cards, you are required to enter your details and submit documentation proving that the debit/ credit card is actually yours. Neteller, Skrill, ecoPayz are three of the most convenient and the most widely used e-wallets. Deposits are instantly transferred to your casino account. However, before you make a deposit, you should fund your e-wallet via VISA, MasterCard, AmEx or JCB. Paysafecard is a prepaid card, but it is not available to US residents. As far as withdrawals are concerned, the casino offers Overnight Express function (available for Canadian customers). There is a minimum and maximum transaction per week requirement, and transactions are subject to a fee. For your convenience, you can also take advantage of the Debit Card Reloaded function. Minimum and maximums apply here as well, as do fees. If you choose EcoPayz, Skrill or Neteller, you will not be required to pay a fee for the transaction. CardPay enables you to receive your winnings directly to a credit/ debit card you have previously registered. If you wish so, you can receive your winnings directly to your credit/ debit card by initiating an International Bank Transfer. However, it may take up to 15 business days to have your funds deposited to your casino account.
Jackpot Capital Casino Customer Support
Players can count on exceptional customer service round the clock. The live chat option is considered the most convenient method of communication by players, who are helped by a customer care agent in real-time and their issue is promptly solved. You can also use the toll-free line: 1 800 571 7009 or the regular number 1 678 349 0095. If you have a lengthy question, you can send an email to [email protected] or get in touch with the support team via Skype. No matter which of the aforementioned options you choose, rest assured you will get an answer within 48 hours. The customer care team is available in English, but if you speak any other language, they will do their best to accommodate your request in the language you prefer. >>Collect Exclusive Free Chips<<
Jackpot Capital Casino Licensing
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