Around the time of the newsletter I had around $20 grand in trading capital I think. The market had a sharp drop, similar to the end of 2018, and I figured it was a buying opportunity. I was right in believing the market would bounce (2 months later the market made a new 52w high), but the trade I had to do at the time was very risky, I bet around $12k of the trade in options on the VXX puts. Little did I know there was a huge implied volatility premium, and the way I was trying to play a market bounce was far too complex (also I didn't know anything about futures at the time, which was a good thing considering my account size). I put the trade on a Friday, and on Monday the market actually went DOWN, the wrong direction of where I wanted the market to go obviously, but implied volatility actually went higher, so through dumb luck my options went UP in value. Very lucky. But I wanted to be greedy and held the position, till evitable had a loss of around $7k (peanuts compared to today). At the time I had a lot of haters (and probably still do for some reason) and they ridiculed me for losing on this trade. In the end the trade failed because I didn't have a profit target and was too greedy. Yes, even at that time I had no system in place or expectation of a profit target, which just showed you how little I actually knew at the time as far as risk management. I reflect more on this trade here in this blog post.