Your trading New Year's resolutions?
- Thread starter KCalhoun
- Start date
My resolution is reduce my emotional attachment to a trade outcome. I’ve been wrong plenty of times before and hopefully I’m just getting started. May I continue to make bad short term trading decisions fifty years from now as that would imply great success for I will be still trading. That said, may I learn from my mistakes and always try to be alert and open minded about accepting new inputs.
By end of 2021 end scalping automation and redirect those funds towards options and commodity spreads. Scalping profits keeps reducing each year and options trading increasing.
Starting my 43rd year, I am numb to outcomes as back testing and forward testing justify low losing outcomes. Heavily stats are kept of when not to take trades, risk management accounts for 99% of the trade.
I think most traders don't keep enough stats or unclear of what to ask of trades taken.
Happy 2021 all.
Starting my 43rd year, I am numb to outcomes as back testing and forward testing justify low losing outcomes. Heavily stats are kept of when not to take trades, risk management accounts for 99% of the trade.
I think most traders don't keep enough stats or unclear of what to ask of trades taken.
Happy 2021 all.
Nothing atm.
Can't think of any new ideas, all my systems are set up, computers, software, algos, brokers.
Don't intend to trade any more or any less, not wanting to change a thing.
But I doubt this will last very long, there's always another stupid idea to come up with, more coding, more experimenting, never ends.
Always gotta keep moving.
2020 was spent mostly regrouping with my tech stack and refining some strategy ideas. Like @themickey, all systems are in place so it is just a matter of execution and testing some new ideas.
No major change to my trade plan.
I have to do some housekeeping.
Those lazy futures which hardly move (especially bonds ) will be sent to the archive bin.
I will add more futures for trading
especially those commodity futures from the China Exchanges.
Foreigners can now trade some of the products from the China Exchanges.
I have to do some housekeeping.
Those lazy futures which hardly move (especially bonds ) will be sent to the archive bin.
I will add more futures for trading
especially those commodity futures from the China Exchanges.
Foreigners can now trade some of the products from the China Exchanges.
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Nothing atm.
Can't think of any new ideas, all my systems are set up, computers, software, algos, brokers.
Don't intend to trade any more or any less, not wanting to change a thing.
But I doubt this will last very long, there's always another stupid idea to come up with, more coding, more experimenting, never ends.
Always gotta keep moving.
View attachment 247481
Something it's better not to fiddle with your systems too much haha