There were two hours left in the trading day and my P&L was $1 above the minimum commission threshold.Ai??If I lost that $1, it would cost me thousands.Ai??There was no decision, the only choice was to sit out for the rest of the day.
ai???What in the heck are you doing?ai??? asked the head trader.Ai??I explained why it made complete sense to not trade.
I was risking thousands to make hundreds and thatai??i??s just bad math.Ai??ai???I donai??i??t care. Trade.ai???
He was staring at me but I could not hit the button.Ai??ai???Well if you are not going to trade, sit up, put your hands on the keyboard and at least look like you are trading.ai???
I sat so straight up and put my hands so perfectly on the keyboard that it appeared I was mocking him.Ai??Maybe I was.
A room full of traders watched to see what would happen next.Ai??ai???Get out he said. I donai??i??t want to see your face for the rest of the day.ai???
I got up and left as I was told and I never came back. The minute I got home that day, the first thing I did was readAi??this book.Ai??I had read it one year earlier, but this time it had a new purpose because I was on my own,trading for myself for the very first time.
You see, I didnai??i??t just leave, I took the $25,000 I had to my name and opened my own trading account.Ai??You see, I wasnai??i??t into the politics.
Ai??My job was to trade, and not mess around.Ai??A couple of years later, after a legendary run, Fortune Magazine came to watch me trade.
Nelson Schwartz, now a financial writer for the New York Times, stood behind me and watched as I made almost $20,000 in just minutes.
Iai??i??ll never forget one of the first sentences in the Fortune feature story:Ai??ai???Clad in a scruffy old T-shirt and in desperate need of a shave, Mesh is an unlikely mascot for the new world of Wall Street.ai???
Years later and the same story, I still didnai??i??t fit in with Wall Street.Ai??Same story, I really didnai??i??t care.Ai??For me, the beauty of trading always has been and always will be that politics donai??i??t apply.Ai??That was the very first lesson I learned in this book.
Itai??i??s just about being right more than you are wrong.Ai??I was fortunate enough to figure that out early on.Ai??It came naturally and Iai??i??ll tell you the key in a second but the one aspect of those trading days that I always appreciated was the camaraderie.
From my first trading job to when I went out on my own, the trading floors had groups of people all sitting side by side and discussing the market.Ai??You would not believe how much that helps give you a feel for the market.
If people were cheering, there was money to be made.Ai??If they were screaming, there was danger.Ai??If they all were leaving to get food, it meant there was nothing happening.
So, if you were stuck in a bad trade, losing money while everyone was at lunch, you knew you were getting out of control!Ai??When I began my newsletter in 2006, I instantly missed that sense of community that had been one of the key ingredients to my success.
Within a year, I hired a web team and began my first ai???forum.ai???Ai??It was a place where people could discuss trading, share charts and even play games.
Now, thanks to technology, we have virtual weekly gatherings where I share my screen and we discuss the market, key levels and then individual trade opportunities.
Just the other day, we, as a community were watching DRYS. It had gone from 4 to over 80 and we all agreed that no-one was to touch this stock.
It was a short squeeze and they always end badly.Ai??After some laughs about how many times I made them promise not to trade it, we all watched the next day as DRYS was back at 11, down over 80% and then 7 soon after that and then 5.
We didnai??i??t make any money on that trade but we sure saved a lot.Ai??Recognizing short squeezes, recognizing danger and uncovering explosive opportunities, thatai??i??s the part that always came natural to me.
The key was not watching the company and what they were doing but watching the stock and what it was telling you.Ai??I never liked politics and charts donai??i??t lie.
Thatai??i??s why every week, we, as a community go on a live webinar and discuss the charts and breakdown potential trades.
Whether itai??i??s a quick 3% in HD or a swing trade in AAPL, the group mentality keeps us all more disciplined and in a better position to succeed.
The best part about the group, is the group.Ai??Itai??i??s a beautiful thing to watch it grow and the only thing that will make it better is having more people like you involved.Ai??Thatai??i??s why,Ai??Ai??I want to give you a chance to join our community in a way thatai??i??s never been possible before.
Mesh Insider gives you access to our entire community that before had only been possible after completing one of our one on one coaching course which costs $5,100.
After a decade of doing it that way, we realized itai??i??s too exclusive and we were only hurting ourselves by limiting the number of great people who were allowed to participate.Ai??So we did a complete 180.
We decided to put our best foot forward in a way that allows you, the individual trader, to participate.Ai??We provide our best daily trade ideas every morning in an email and then have a weekly call where we strategize on the market and the best individual plays.
Each week the number of people on the call grows and the energy level surges.
Normally priced at $99 a month, I decided to do something crazy and cut it in half for BlackAi??Friday, then CyberAi??MondayAi??and now one more time for you! Ai??Itai??i??s now just $47 a monthAi??and you can cancel or pause at any time.
Having you be a part of this new group will help the energy levels surge as we head into 2017 trading.Ai??And after all is said and done, it all goes back to the beauty of trading.
Just this week I saw one of the stocks I trade down at 14.70.Ai??It was down on low volume and I saw the whole sector start to rally.Ai??As it began to move higher I grabbed some and watched as it pushed to 15.50.Ai??Thatai??i??s 5.4% in a day.Ai??99% of the world wonai??i??t make that return over the next year.
The ability to do that, itai??i??s always come naturally.Ai??The opportunity to share that, that is the gift.Ai??Let me show you how to find these opportunities every week.
Through this email,Ai?? instead of $99, itai??i??s $47 and it will stay at that price for as long you want to be a part of our community.Ai??Your rate will never go up, ever and you can cancel or pause at any time.
Paying the $47 allows me to provide a top rate customer service and support team along with the technology team that allows me to share my trading screen with all of you.Ai??I just saw an old friend from the University of Michigan who is now a top surgeon.
What he does is incredible.Ai??He saves lives.Ai??He makes lives better.Ai??I donai??i??t have the ability to do what he does.Ai??I donai??i??t think what I do is as important as what he does.Ai??But I do know this is what comes naturally to me and the ability to help people save money and make money is a gift that I want to share.
Ai??Everything I say or do might not be politically correct but itai??i??s real and I want you to be real with us too.Ai??That kind of old school camaraderie that I missed from the trading floor is alive in our community today and itai??i??s perfectly acceptable to be wearing a t-shirt when trading with us.
Until next time,
P.S. Iai??i??ve been in Fortune Magazine, appeared on TheAi??TonightAi??Show and a lot of other fun places (Richard Bransonai??i??s private Island was my favorite) and being on that weekly call with you every week is more important than any of them to me. Thatai??i??s the call where it happens, where decisions are made.Ai??Be a part of it today and lock in a 50% discount forever.
P.P.S. If you are an absolute beginner and would rather just start with a great book to lift you off the ground,Ai??read this.
Ai??Ai??Adam Mesh is CEO and Founder of The Adam Mesh Trading Group. For the past 18 years he has coached thousands of students to all levels of success in trading. He is also creator of the revolutionary Full Contact Trading