Saturday, December 2, 2017

How is it going?

Its going up and its going fast. While on a daily basis lately I`m not trying to shock anymore on a longer term the results add up fast due to the miracle of compound interest. See performance page.
      Trading might not seem a real business and that's because its very different from the usual stuff people do however precisely because of that reason it can be very rewarding. Its a zero sum game, a zero sum game with a lot of players and probably 90% of all players cash go to the 10% players that win. To be in that 10% of people on the long term its almost like having international monopole on a regular business - markets are international, most futures contracts are available on Globex which is available 24 hours a day around the globe. The best part of everything is that while very complicated to win, once you do, you pretty much don`t need anything else and the business its quite simple, of course with the mention that you need to trade in an real environment on an exchange that provides equal chances to all participants by providing order anonymity in an honest environment. Without employees, without a lot of paper stuff, approvals or other impediments that business owners face on a daily basis preventing them to focus on the actual business development, trading requires only one thing: to win. The actual business size (trading business) can be as large as the market is or as large as the winner trading strategy edge is not eaten up by lack of liquidity and with day trading you can only have a business with probably maximum 6 zeroes. However, if any of you reading this thinks he`s in that 10% do not despair, you can grow your trading business to a number with seven zeroes by switching from day trading to lets say month trading. Of course you will probably have a smaller growth percentage at that point but that`s life you will have to learn to live with it and perhaps the only way to expand your business at that point is by making your small one man trading company become a regular company with employers and stuff and investments outside of the trading world -you can spend a lot of money on useless stuff like buying a new car every week but it will become boring I guess and a trader will want more. Which makes me think that in the end money matters only up to a certain point and from there the trader will search for other motivations to advance. Where to advance, nobody knows but that is the force that pushed the trader to be a trader and to win the game and such he/she would search for another game to win.
     The performance of this trader is only 6 weeks old which is far from meaning anything however since things are going far better than you could expect should you be interested in investing in this trader trading business do not hesitate to drop me a mail as the only thing that is still missing from going from blogging about trading (which is under no circumstance a recommendation or invitation to trade, read the disclaimer and think of 10-90 numbers) to actually "business it".          

No comments:

Post a Comment