top of page

Some get cut

Opportunity is missed by most because it is dressed in overalls and looks like work.” Thomas Edison


there is no genius-its just hard work.

You need to put it in.

Be obsessed with markets, live them, breathe them and you will find marvelous and amazing truths that enrich your live so much more than just financial consistent results from market play.


and than of course there is:


" Chop wood , carry water, before enlightenment

Chop wood , carry water, after enlightenment."


that's just the human condition


but it isn't hard to fall in love with the process once you get rewarded often enough for your daily efforts.


One such task is portfolio review


a subcategory i pay attention to is repeatedly checking for integrity of the trading vehicles i use


One example of today would be my removal of LEO from my crypto trading universe:




a closer look at the last six months of the daily chart of LEO reveals that smaller time frame trading in this instrument is risky and as such I cut it


Trading behavior of various instruments changes through time based on different trading participants and as such periodic review of your trading universe in its smaller components is necessary.

(also think volume, liquidity, slippage)


Tags:

 

Commentaires


Stay Up-To-Date with New Posts

Search By Tags

bottom of page