Mission Accomplished

You’re getting a second post from me today, I’m not going to write a weekend best idea this week. This is a long post and I hope you take the time to read it. I accomplished my original goal which was getting to $10m and I wanted to write something a little deeper going over what has unfolded here over the last 3+ years. I have alot to say and I hope it inspires some of you to do things you don’t think are possible right now.

June 8, 2022 I launched this substack with this post here and at the time I honestly had no idea that I was beginning a journey that would change not only my life but that of many others along the way. You can see my trading book that day had a balance of $1,473,032.33. I set out then to be the first person to catalog the journey from a somewhat normal balance that many of you have today to $10m. For me, I had most of my money in my long term investments and some commercial real estate. I kept a small amount of money I would play around with and make some spending money really. I wasn’t too big on trading anymore because we had our first kid in late 2019 and I was just too busy having fun being a dad and we had moved home to spend time with my dad after his lung transplant. So between the two, I was occupied all the time. When my dad finally got back to normal somewhat meaning he got back to work, I finally had time to myself again and wow was I bored at home. So I decided I wanted to share my musings and help people understand the market better because the overwhelming majority of these Twitter furus had no idea what they were saying or why they were getting clobbered in 2022. As they say the journey of a million miles begins with a single step and that first post was it.

Fast forward 1,206 days and here we are on friday afternoon I’m now sitting on a balance north of $11.1M.

Here is the actual performance since the launch, 647% not counting today’s gains, outpacing the market by nearly 10x. I honestly can’t even believe how well I performed. The thing with me is I’m a very lazy trader, I’m not of those guys who is glued to his screens all day, I kinda put on my positions and live life while carefully monitoring things from my phone. Having this community has made me a better trader because I’ve had to sharpen my focus so nobody says I’m bad or underperforming, and by doing that it helped me really outperform the market. One of my original goals here was to shut all those people up who constantly say nobody can beat the market, actually, many of us can, you just don’t know our names because we don’t manage $1b. Alot of us are content and just manage our own capital and work at our own leisure.

Which leads me to the next thing, people say well “if you’re so good why don’t you manage money somewhere” and the answer to that is, I honestly don’t care to anymore. I’ve had some incredible offers here from readers but I have no interest in dealing with the finance world. Those of you working in it know aside from the money, it isn’t fun. To me the ultimate in life is freedom. Doing what you want, when you want, and not answering to anyone, not dealing with regulations, and of course spending as much time with your family as possible.

So for me, I just needed something to do to keep me occupied being bored in the covid world and this all began. To think in 3 years this has grown into a massive online community, how big you ask? I’m going to show you the real numbers because why not, I show you my real book everyday and it may inspire some of you to give it your own shot. Today 1,159 people pay to read my substack everyday and it has an ARR of $1.33M. You may ask why the numbers are that way and it is because I never raise prices on any existing users so many early day people are still paying $19/mo. Look how long it took for this thing to gain traction, nearly a year and I honestly almost quit along the way it just wasn’t worth the effort I was putting in. For a guy named Bulltard on the internet to generate this much? Nobody would believe me if I told them. That is more of a testament to the work I put in here and the value all of you see in it. I set out to share my process and be transparent. I don’t know if anyone has every chronicled a journey to $10m but I just did. Even today, I am so sick of all these guys on twitter who talk a big game and can’t post the positions they’re in. You see my book everyday, when I put on an options trade, you see the volume, when I take a loss, you see it. You see how quick I am to rip the cord on a bad trade, I don’t fall in love and my honesty is a big reason for my success. Anyone can make up excel spreadsheets and many furus have been busted over the years. I can honestly say my biggest success in all this is nobody has ever said anything bad about me. I did every single thing I set out to do.

Think about this, each and every one of you has a skill, mine happened to be related to the market, you may have a skill in some other niche and there is a whole world out there where you’re 3 years away from turning into a very big business. Even if it’s market related, think about how I grew to where I am today using a pseudonym. It all happened because I tweeted relevant things. If you are intelligent life, and believe me there isn’t much on twitter, you will be found. Some big account will find you and share you just like I shared Pegasus yesterday and he gained 2,000 followers in a day. I’m sure in no time he will have gone from 700 followers to 10,000 because he’s a brilliant person and others will see it in his posts.

As for where I go from here, I don’t even know, I originally told myself I would hit my goal of $10m and stop. Of course I never thought the substack would be the size it is so that isn’t in the cards right now especially because I love what I do( outside of answering all the emails and dm’s everyday). I think I’m the luckiest guy in the world, I wake up everyday, do work I’d be doing for myself anyways, and I get to chat with tons of my friends for a few hours while playing in the market and then log off and do it all over the next day. I love seeing the emails from people who are growing as traders and improving their process of finding new names and trading them. That’s what this whole thing was about. Markets for too long have been a game for a select few, most either just buy and hold forever or others try to be traders and have a really bad experience to share. Very few really understand the flow of money and how the option markets can guide you directionally. I think my database does as good a job as anything out there of highlighting what name(s) are about to work. The inputs are my own curated list using my filters, so I don’t expect anything similar to exist. The community on discord is enormous now and when you have something like the database and combine it with all those smart people in the discord you get something really special.

As we go forward we’re entering this era where alot of you with good white collar jobs will lose them to AI in the coming years. Learning a new skill to sustain your lives is critical and the skills you’re learning in the market are going to be very valuable because AI will never displace the market. Right now 90% of the market is supercomputers trading, you’re already battling them everyday. Once you understand how to use key moving averages or understand where to sell puts on what names,etc you have an edge in the market. Many of you will outperform some of the top hedge funds this year, the beauty of managing your own capital is it is up to you to decide how much risk you want to take and when. How you execute on that edge is your call obviously but you’d be hardpressed to find many instances where the top trending names in the database rankings didn’t give you a tremendous list of 5-10 names to work with at any given moment. People always say if you have a real edge you wouldn’t share it. I say my edge is so vast that it really isn’t that big a deal to share trending names and let people trade them however they want. It’s not like if I add some large cap stock that I’m going to move the market, these aren’t penny stocks. All I’m doing is looking where big money is flowing and cataloging it for people at home to see. If Intel is hot in the database like it was this week, it doesn’t really bother me if others know that and alot of readers make money dabbling in it. So that notion about not sharing your secret sauce from people is stupid. I’m simply here to share insights on where money is flowing.

Basically I just wanted to say thank you to all of you who have trusted me, especially those of you who’ve been here for years, this whole experience changed my life. I get to spend time with my kids, travel freely, and most importantly do what I love. I knew I was capable of explaining the market and its inner workings in a simple manner to where people at home could act on data like a professional would. The market is a simple game, there is always something being bought and if I do my job the community can easily help find what’s next. If even a handful of you with a skillset in markets or trading are inspired by this post and do something special with it, then this post was worth it. I hope you all have a great weekend and I will see you monday.