Good day to you my valued reader.
Today I have some great news for you. I have decided to resurrect something that should have been done a long time ago; my black and white process. In other words, I have decided to go back to what I know, what I really know. Recently, I have allowed some emotions to take the wheel of my trading and I am not interested in doing this anymore. As I reflect on my trading, I can remember developing a strategy and all that went into it. However, over the years I have found myself distancing myself from it for some reason. Therefore, I have decided to try my best to get back to that.
If you’re curious as to what I will be doing and what I am going back to, this should help: The Process. However, there’s more to it than that.
- I will not be daytrading for any reason.
- I will not be buying / selling before 3:15 PM (unless stop-loss is obviously broken).
- I will be less active on the stream – I have a life I need to attend to as well, outside of trading. Trading isn’t that important.
- I will be trend following more, ie. swing trading.
Thanks for reading and understanding this. Hold me to it. We are all in this game together. The market is a scary place when emotions are involved. The resolution I have made is to remove them more from my trading, it’s about time.
Ben C. Banks