Week 35 trading results

Trading: +0.8%.

Behavioural road-map score: 9.5 out of 10.

I am playing the game with a firm hand. It is a game of small proportions, with returns covering my expenses and adding only a residual amount to my total equity. Nevertheless, I am content with the state of play. The longer I spend around these levels, the more my capital changes from ‘speculative gains’ to ‘account equity’, with my mindset mutating alongside toward the ‘capital protection’ stance (vs the high stakes speculator). It is purely psychological, since £1 is £1, regardless of how it has been acquired, but the effect is very much real.

Advertisements

2 responses to “Week 35 trading results

  1. You’re doing good, man. I’ve been most impressed with your patience and discipline. FWIW, I think you’ve passed a tipping point. You never arrive per se, as Robert Hastings explains:

    “Tucked away in our subconscious minds is an idyllic vision. We see ourselves on a long, long trip that almost spans the continent. We’re traveling by passenger train, and out the windows we drink in the passing scene of cars on nearby highways, of children waving at a crossing, of cattle grazing on a distant hillside, of smoke pouring from a power plant, of row upon row of corn and wheat, of flatlands and valleys, of mountains and rolling hills, of biting winter and blazing summer and cavorting spring and docile fall.

    But uppermost in our minds is the final destination. On a certain day at a certain hour we will pull into the station. There sill be bands playing, and flags waving. And once we get there so many wonderful dreams will come true. So many wishes will be fulfilled and so many pieces of our lives finally will be neatly fitted together like a completed jigsaw puzzle. How restlessly we pace the aisles, damning the minutes for loitering … waiting, waiting, waiting, for the station.

    However, sooner or later we must realize there is no one station, no one place to arrive at once and for all. The true joy of life is the trip. The station is only a dream. It constantly outdistances us.

    “When we reach the station, that will be it !” we cry. Translated it means, “When I’m 18, that will be it ! When I buy a new 450 SL Mercedes Benz, that will be it ! When I put the last kid through college, that will be it ! When I have paid off the mortgage, that will be it ! When I win a promotion, that will be it ! When I reach the age of retirement, that will be it ! I shall live happily ever after !”

    Unfortunately, once we get it, then it disappears. The station somehow hides itself at the end of an endless track.”

  2. Thanks IPDaily. It is a nice story. In those times when I find myself caught up worrying about the yesterday’s or tomorrow’s, I try to remember that life is indeed a journey and not a destination.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s