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Progress Report 30 Bearish Wolf So many things happened today, but due to time constraints I will keep it short. The main highlight was the e-house day with one of the prop trading firms here in Amsterdam. They specialize solely in options, so it was right up my alley. The in-house day was...

Progress Report 29 Bearish Wolf Two interesting things happened with the trades today. The first one was that the price of Boeing crashed and consequently, my bull spread lost money. However, I cut my losses at 25%. I think it was important that I was not obsessed over that small loss, and...

Progress Report 28 Bearish Wolf I spent a big amount of time today working on the programs for Python, at least putting time in the preliminary research phase. And, well, for all the buzz surrounding Python for Finance, I still cannot for the life of me find a package that has already...

Progress Report 27 No progress report for today. Spent the whole day in ancillary activities, mostly related to university.

Progress Report 26 With the goals I set up yesterday, I was able to make some good progress on learning more about momentum strategies. Right now, I am looking at different indicators, how they work and eventually how to apply them. Not a lot to write about, unfortunately. I also was not able...

Progress Report 25 Slow day today, same as yesterday. I have just not been able to concentrate well the last two days. Specially with the programming part. I am just jumping around a lot and thinking about new things, discovering new things. On the one hand, I enjoy it because I can get into...

Progress Report 24 Today was programming day. I spent a bunch of time this morning understanding the iPython console and reading a couple of weeks of how to code for finance for python. They had to do with some simple topics like plotting and retrieving financial data from online sources. But...

Progress Report 23 Whatever you think you can accomplish is but a function of what you at the moment know. I do not think I have come across a more powerful statement that that one. Every day that passes by, I am more and more humbled by all the things I discover that are out there just for...

Progress Report 22 Small update today. I spent the whole day working in my thesis (besides a few distractions) and guess what! I have everything in place to finish it tomorrow. My initial deadline was set on Sunday, but that was overkill; I kind of overestimated myself. So I had to extend the...

Progress Report 21 A few reports back I was criticizing Option Alpha for the initial introductory call I had to them. But I have to take that back since, although the initial call was indeed a disaster, the content that they have put up in their website is quite good. Today, I have been reading...

Progress Report 20 Not a lot of movement today. I continued reading up on technical analysis, and that theory is dry. Besides that, I spent most of the day creating my new workout plan which should now be more efficient and give me what I want in less time. That’s it. No further news.

Progress Report 19 If you remember from a few weeks back, I said that I would start tracking my time to understand where most of my attention had been going. After gathering almost two weeks po daily data, I can already provide some insights. Of all my allocatable time (that is, that is not...

Progress Report 18 Ok, some bad news today. I got rejected from the master’s research programme at my university so that kind of sucks. I did not see it coming. But, funnily enough, the other quantitative finance master’s that I am considering is so good that I was already sold on the idea of...

Progress Report 17 Very brief progress report today. I was focused most of the day in my thesis, and I made great strides on it. I am finishing my first draft without results and conclusions by tomorrow. Tomorrow I will invest at least 90 min. in thinking about new positions to open next week...

Progress Report 16 Today I did a small P&L of my trades and the result is: If I had traded with my money, I would have lost 10%. This loss can be mostly attributed to the SHOP trade, which was a staggering -100%. Although I had some winners at SLV (+14%), XOM (+22%), they were not nearly enough...

Progress Report 15 I had a look at the trades I did last week, and decided to close a bear spread on Cinemark. This I did out of "feeling" because it seems that the markets are rallying this week on news that the world is opening up again. I know that "feeling" is not the best way to do...

Progress Report 14 I forgot that the markets were closed today in the US for holidays, so I could not follow up in my trades as well I would have wanted to. I would have loved to sell some of my positions that have already netted me >20% over the last days, for example. On the same vein of...

Progress Report 13 A small update today. I spent the whole morning practicing mental mathematics, and the strategies are starting to get chiseled in my brain. So that is a good development. I will definitely be ready for the time when I will have to apply for the prop trading firms. Besides...

As a student, that place belongs to me. Sorry, never2old.

Progress Report 12 Today, I spent most of the time cleaning up some of the things that I was doing over the last months but are not enjoyable anymore (or irrelevant). That means I had to decide to cancel some subscriptions, memberships, etc. And then I set some new goals/deadlines for what I do...