Stress-Free Trader (The Lawrence Chan Blog)
Full time index & forex trader, occasional consultant to hedge funds / institutions, my work leads to my not so normal view of the financial markets. My blog mostly talks about trading, market behaviours and other musings.
Originally this blog is supposed to be organized in a separate website like what most authors do but I don’t think I will maintain it properly that way. So here it is as part of this website.
In case you are curious of what I do outside of blogging here:
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How I Get Back In Shape
2015 Apr 28 Tue 13:04:14 | by
There are so many people asking about my exercise regime after my last post about my New Year’s Resolution I guess I should simply post it to my blog. I am no fitness expert and my plan is created to deal with my specific situation. It can be a good example but if you want to get in shape, you need to adapt it to your needs.
My Physical Problems
It started many years ago when my lower back at the bottom of the spine was badly injured due to lifting very heavy things. During the slow healing process, it was damaged again in an accident. Since then every time I have to handle heavy things I will suffer for days after.
I was a very active person. It was quite depressing back then for me. Luckily, I can do rigorous exercises that do not involve using my back. It worked out fine for me for a long time.
Past few years as I cannot keep up with my exercise regime, weight gain in the belly area slowly putting stress on my spine and in turn making it more difficult to exercise. The downward spiral cannot be stopped because I do not have time (for real) to take care of myself.
As I have time for myself now, I concentrate on the fact that the downward spiral must be stopped. But I am not fit enough to do the more rigorous exercises anymore, so I researched for the most effective ways to get rid of my belly fat. I know once it started to shrink, the dead load on my back would be reduced and in turn making it easier for me to do more types of exercises.
Interesting enough, I find the combination of three things has been the most effective way for me.
I dropped like 4 inches on my waist, more than 15 pounds of weight while building my overall body back to a level I can call fit. All it took is just a few months. It works and it takes very little time to do as well.
Following are the three things I am doing.
High Intensity Training
The way I do my exercise is called high intensity training. It can be burpee one day and then squats with pull ups the other. It does not matter. The key is to do them so fast that my heart rate going all the way to my limit within minutes of doing these exercises. Pumping the heart rate to the extreme exercise zone and keep it there for a few minutes is the key to make the exercise producing the effect I need.
In the beginning I can only go for a few minutes and I had to stop. I increase the exercise duration slowly as my tolerance of the very high heart rate increases. It is not necessary to go beyond 10 to 15 minutes a day and results will show.
Simple and efficient. Most important of all, takes almost no time.
Warning: If you have heart problems, this type of exercise can be dangerous. Consult your doctor first.
Low Carbohydrate Diet
Of course I have to eat less and eat healthy.
Cutting out pasta, bread and other forms of carbohydrate makes it easier to lose fat. It is not that I do not eat them at all. I just choose to eat them occasionally.
Making healthier choice in what I eat does not mean I would eat organic food only. I am not a die hard fan of organic food. I am just an average guy who still need my burger fix from time to time. The most important thing is just avoiding junk food, that’s all.
I now eat within an 10 hour time span each day for all my meals and will avoid food until 14 hours later after dinner. It was suggested by my friend smilingsynic that interval fasting, the act of avoiding food each day over 12 hours or more, has very good health benefit. There are researches supporting this too. So I am pretty much doing this but I get to the point now I can keep myself off from food longer than 12 hours now.
No magic formula, just a simple combination of 3 easy to do things and I am much better now. I am a middle age man and I have no ambition to build a buffed body. I just want to stay fit so that I can stay active for a long time.
New Year’s Resolution
2015 Apr 24 Fri 14:13:45 | by
My New Year’s Resolution was quite simple – get back in shape. Well, I am very happy today that it is taken care of.
Taking care of loved ones who are very sick is a very difficult task. In the process, we often sacrifice ourselves to ensure their comfort. In my case, I did not have time to sleep, exercise and eat properly for couple of years. To ensure that my health does not go down hill anymore, I forced myself to rebuild my body from scratch.
It was no easy task even though I was very fit before. I have to start from the basics and increase the intensity in baby steps. The physical damages to my back due to helping my late girlfriend to her daily activities made it extremely difficult to exercise too. Thanks to the internet, I find ways to workaround the problem though.
At the same time, I also need to change my diet completely so that the effort with my exercise regime will be optimized.
After almost 4 months now, I am proud to say my back problem is mostly gone, dropped more than 15 pounds (that’s more than 10% of my weight) and I start to look more like my old physique.
To get back to my previous peak form which was quite extreme by any measure, I guess it will take many more months of hard work.
I have the confidence I will get that back.
Asking for Help To Post Reviews
2015 Apr 17 Fri 13:11:04 | by
To my members who are also members of BigMikeTrading.com, I need your help.
I like to ask for a favour if any of you can help me start a thread there in the vendors / product reviews section:https://www.bigmiketrading.com/vendors-product-reviews/
All I am looking for is some honest reviews about this site.
Next Set of Trading Signals and Models for Emini and Forex
2015 Apr 10 Fri 12:03:37 | by
Just an update on where things are in terms of site development at this point in time.
It’s been couple of months since I started my coaching / mentoring service. To call this two months hectic is an understatement. I ended up spending at least double the amount of time I planned to. I have to say I enjoy it much as I get to see positive changes happening to these traders.
That’s the reason I am running out of time to write articles since my schedule was all messed up. As I learn my ropes in managing my time on the coaching side, things will get back to normal.
On the development side of trading signals, I have many requests for recent trades and performance of the the trading signals to be posted on the site. It is a reasonable request but it also takes a lot of changes to the existing designs to automate the process. I still haven’t make up my mind on whether going all automated or just doing some kind of manual posting monthly.
The trouble with performance reporting is that the biases and models I published are created with customization in mind. The traders can learn about the biases and understand the risk profile of the models and adapt them to fit their personal trading styles. If I publish the recent trades and performance, which versions of them that I should go with?
The posting of these reports could be more confusing than not.
On the other front, next step of my plan is to release my trading signals and models based on custom tick indices. This set of models are very different from whatever I have posted so far on the site. They are heavily intraday focus and exploit smaller timeframe biases.
And I have not forgotten about forex. If all goes well, will release several intraday swing plays on the majors. They are long delayed and I feel bad about it because I promised last year to roll things out quickly.
Now that I am settling down with my new routines and schedules, I think I can manage the long list of things that has to be done. My goal is to accomplish as much as possible this quarter. This will keep me very busy for sure.
Happy Easter and Name of DaytradingBias.com
2015 Apr 3 Fri 12:06:30 | by
I am taking a break from home at Muskoka right now. Muskoka is up north from Toronto and you can see that it is still frozen up here. Looks like it will take at least a few more weeks before fishing is possible up here.
Interesting question raised by several new members of the site – what is the name of daytradingbias.com?
It turns out I do not really have a name for the site at all.
I guess I should think of one.
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