I haven’t posted in a while, I know. I have at least one article in the works, which I hope to finish soon.
Lack of blogging doesn’t mean lack of trades, though. I have been trading more than ever, lately (except for a few days last week when I was out of town). I made 6 trades today alone (all winners). But, that presents a couple problems:
- I can’t write detailed descriptions of so many trades… it would take too long.
- Even if I did write them, it would be boring to read, as these have all been very quick, in-and-out trades. The charts aren’t very meaningful aside from context.
- Because of the incredible risk:reward for these scalps, the statistics look ridiculous… the R curve just goes straight up. I’m not sure they are meaningful anymore. I have gotten behind, putting my trades into stocktickr, but I will probably catch up with that this weekend.
Admittedly, these are mostly good problems to have, but I’m going to have to think about how to address them. I could move to a “trade-of-the-day” format, and just outline the trade I had the most to say about, maybe. If you have suggestions, speak up.
Things have been going very smoothly lately. Of course, that could all change tomorrow. But, right now I am mentally counting down to the point where I’ll have covered my projected expenses for the rest of the year. Then, I’m considering taking the remainder of the year off. Sounds good to me! Unlike many people out there, I don’t have any kind of drive to be in the markets all the time… I think that’s what keeps me from overtrading.