How I turned my day trading disaster into a successful passive income

I’ve tried a few things that failed spectacularly. That’s the whole point of this blog: Living by Experience – trying anything – and keeping whatever sticks. One of the things that didn’t stick: day trading. When several of my friends recently asked me about stock investment options I decided to share some of my experience, beyond what I talk about in my Happiness book.

At the time day trading seemed like a perfect option. I could work from home, or anywhere in the world I had a more or less reliable internet connection. Moreover I didn’t have to rely on people: using my very specific plan I had found a way to extract money on the market by holding positions for just a few minutes or sometimes even seconds. I signed up for classes to make sure I came prepared, and when I first started trading in a simulation environment I did pretty well and was able to make a consistent amount every day.

When I showed my new skills consistently, my mentor decided it was time for me to try the model in …