Tuesday, January 30, 2018

January profits (analysis and reflections to come later)




Position Sizing

*** old post I found from 2013/2014 ***


Just a reminder to respect position sizing and the importance of not being in a hurry to size up once profits start rolling in.

When the chart pattern, price action, and catalyst all line up to my predetermined specifications, I won't hesitate to be a big fat fatty pig.  But it took me thousands of trades to achieve this level of confidence.


It’s extremely easy to get impatient and overly confident, especially after making a few successful trades and seeing some of the impressive profits made by top traders.

Performance for week of 1/22, reflections and goals for February

Week performance: +$5.7k 


Monday, April 13, 2015

I'm Back! Updates, Mini Burnout, and Low Carb Diets Are Still Egregious


Wow, it’s been four and a half months since my last blog post so I’m guessing best case, my readership has fallen by half; worst case, I’ll be writing this post to myself.  But it’s not my fault, and if it’s any consolation it hasn’t been enjoyable at all.  I’ve been under the gun the entire time and basically subsisting on some of the best local brownies and cookies, which is fun in the beginning but eventually gets gross.  The crankiness and recurring headaches I’ve been having are probably signs that I’m reverting back to my old ways and should probably step back to take a breath.  But this blogging hiatus and mini burn out has opened the doors for me to again contemplate stress and fundamental ways to prevent and counteract it, starting all the way back from Hans Selye.  

Not to get too off track but I'm continuously amazed by Selye's knack for bringing together disparate pieces of data to produce unified ideas, principles, and theories.  Of course an important by-product of this gift was that it laid down the basics for what eventually became understood as the generalized stress response — the idea that the hypothalmic-pituitary-adrenal cortex pathway would become activated regardless of the quality or nature of a stressor.