Let's Fail, A Lot!

        This past semester I failed numerous times out of class. I am a full-time student, however, I trade in the markets from 9:30 am to 4:00 pm. This semester I wanted to improve my trading by finding five stocks per week with more than twenty percent upside in price. I would make a list of five companies that I thought were going to perform very well through earnings, rumors, new products, the overall market or sector, etc. I would do a weekly analysis on companies that would belong to that list, no more than five. Throughout the semester, I failed every week to find those companies that would produce a twenty percent upside that week. It's not that easy. My best has been three out of the five that were chosen showed results of the standards I wanted, however, I could not get to a total of five companies. I learned how much patience and creativity you need to achieve specific goals. It took me long hours to weed through hundreds of stocks that would produce returns I wanted. I learned that only a small handful of stocks in a specific sector would show similar returns, so picking tickers from the same industry would decrease my chances. I also learned that the most profitable days out of the week have been Monday and the worst days have also been Monday. 
       I gain so much more knowledge by failing on this task. I started growing connections with each failure. It was fun for me. I have also been a risk-taker because it has proved results that I am far happier with than playing it safe. I took some serious failures in life because of that personality I developed. I guess I can say I liked failing. I think it would be boring to understand everything in life, or succeed in everything around you. When I experience failure, I can't help but knowing what it feels on the other side of it. Failure is one of the reasons I chose to become a trader and why it's still my dream job in the future. Traders take losses throughout the year, its common to them. Traders see failure as a cost on their profit, whether it is positive or negative, we desire to limit those losses and become more consistent.