Wow, it’s really been quite awhile since I sat down and actually wrote an entry. I had a draft going for when I finished at summer camp, but it’s really fallen by the wayside. Hardly relevant now, heh heh.
So what’s happening around here? Well dear reader, I have been hard at work figuring out how to speculate in a proper, intelligent fashion. The big revelation I had recently was that I was really setting too small a stop loss order for myself; I wasn’t letting the contract swing freely in the market as things went up and down. Instead, I’d get a swing of noise that exited me at my stop loss, and then the market would come back, but with me at a small loss.
So now I trade at a much smaller scale, with very reduced income expectations. I now figure to make only $500 a week, no more. It’s silly to expect anything more than that right now.
I’m still in Fla, living at home with Mom and Dad, paying rent. It’s not ideal, but I’ll go live with it and do it if that’s what must be done to go independent for myself.
And that’s pretty much it. I spend my day monitoring economic news, perusing various reports, and discovering how insanely interconnected various parts of economies are. And of course, watching price tickers. It’s still a bit stressful, but it really is a hell of alot better than holding a goddamn idiot stick outside, wondering when I’ll get my first skin cancer growth, and feeling stuck in a dead end with no way to advance on my own, but only at the whims of others higher in the food chain than myself. And, of course, working under proudly self-proclaimed assholes.
The revelation related above was quite recent, as in a couple days ago. We’ll see if it’s borne out in profits next week. I’ve not been profitable for quite some time now, but I’ve got a small profit started that might get me back to where I started a couple weeks ago in my margin account. Then the process of putting savings back to rights can begin.
I think I’ll beat out that old SBA statistic. Especially the five year one, because of course I’m just so AWESOME, and of course I wish to become insufferable.
So anyway, if you see me on one of those occasions in the evening when I’m around, give a shout out! It’d be nice to chat. Have a good one!
Hehe, I don’t make $500 a week at anything lol.