Log In    |    Join for FREE
Unlock Full Access
DaytradingBias on Facebook DaytradingBias on Google+ Follow DaytradingBias on Twitter

Time To Slack Off 2013 Edition

By Lawrence   on 2013 Nov 28 Thu 10:28

3d small people - rest on a chaise loungeAs of this Thanksgiving, my trading year is done. It is an unusual year for me in many ways while it stays the same in others. I will still trade a bit here and there but nothing more than that until end of this year. Over the coming month, it will be a good time for reflection and setting goals for next year.

The unusual things for this year:

  • Diversification into more markets
  • Rebalance trading capital – putting more into forex and other markets, less with indices
  • A lot less trading time available – expected unexpectancies?!

The usual things for this year:

  • Normal performance (I lowered my expectation for the year due to diversification)
  • Further reduction in leverage usage
  • Markets are behaving like a normal year unlike the major top and bottom years

Two things I know for sure I have to address in 2014 are:

  • Reduce trading time further to match my situation
  • Focus on automating the rest of my trading models

Those who have not read my 2012 Time To Slack Off will find the discussion on reducing position size and analysis on your own trading techniques interesting. Will not repeat that here this year. Go read it if you have not.

Happy Thanksgiving!



Comments
  • MidKnight November 30, 2013 at 1:52 am

    Wishing you and yours all the best Lawrence. Thanks for your writing and work over the year. I have gotten a lot out of them.

    With warm regards,
    MK

  • ultramarine December 3, 2013 at 4:01 am

    Endorsed!

  • You must be logged in to comment. Log in
Upload comment image [ngg_uploader id = 1]

As Featured In


Connect With Us

DaytradingBias on Facebook
Follow DaytradingBias on Twitter
DaytradingBias on Google+

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Please read full disclaimer here.

Terms & Conditions     Privacy Policy     Disclaimer     © Lawrence Chan / Prillach Financial Technologies Ltd. All Rights Reserved.