Today we tried a new strategy. Every trade that complied with all of our rules, was taken. Small size but taken nevertheless. There was a real flurry of trades and nine were taken overall for a total of 93 points in the end.
It was an incredibly tough and choppy day. At the end of it I really needed a beer and so I went for one. I felt exhausted. When I meet people and tell them I’m a professional trader they always start by assuming that it’s a relaxed job with plenty of freedom. It can be. But often it isn’t. Trading is tough. Mentally and physically.
Got to be honest, one of the best trades was down to an error. I set my stop wrong and went for a walk. It was a damned lucky mistake. Was supposed to be a 42 stop buy I fat fingered and hit 24. I didn’t even check my account until a few hours later when I put my next trade on, and I was blown away to see it had hit my limit, albeit via a low that was 10 points lower than my stop was supposed to be. Sometimes the God of the markets shines on you. Today she gave me 54.1 points of profit and saved me 20 points of stop losses.
And there we have it. An honest assessment? I traded badly today.
Without pure luck, I would have had a losing day. I didn’t but I probably deserved to.
Tomorrow is quite literally another day. I’m going to do what I always do when I have a bad day. Take some time off from actually trading and just do something different.
Professional trading? Yea, truly it’s a dream life. But it’s not easy. It does have benefits though and in about 18 months time I will be living my dream. An F150 truck. An Airstream caravan with full 4G connectivity. I shall travel America for a year, trading form my caravan. Freedom. What other jobs can you do on the road and suffer no real disadvantage over being in an office?
Surely that’s the ultimate trade? A crappy office and commuting for freedom and the open road, I can’t wait to be long one lot of that.