Christmas came early for us this year. Our baby boy was born a few weeks early, and just came home from the maternity this Christmas morning. I was going to take a few weeks off of work but my client didn’t renew my contract for 2013 so I may end up with even more time off. And I really need it. Some personal projects have been on hold for a while now due to lack of time. So I’ll be quite happy to have several weeks off. And that’ll also give me a chance to do some more trading. Of course I’ve already sent my CV for a position so if the client accepts I could start any time.
Speaking of trading.. my trading has gone very well. Not that I’ve made a killing (I haven’t), but my “system” is working. I feel like I’ve finally got something that is repeatable. And that’s something I’ve been missing before. It’s also low-risk and low-stress. I’m not executing perfectly, there is a lot of room for improvement, which is encouraging because the results are already good and if they get better that will be great. My main focus is repeatable (consistent) and low-risk. This combination will allow me to start increasing size. I plan to do that early next year, but I’m not in a hurry. I want to improve my execution. I’ve passed on a few setups because I didn’t have confidence, only to watch them work. I know increasing my size will cause me to doubt my setups even more so I want work on that and get some more data before increasing size. If I can demonstrate more consistency then I’ll have more confidence. At this point my method seems pretty sound so it’s psychology now. I’m up +10 pts in the first 3 weeks of December, and there were many days I didn’t trade and many days I was here but didn’t take a trade. So I think I’m averaging about 1 pt/day. Which will be great if I can scale that up to 4 contracts and more.
In the next few days we’ll be giving bottles and changing diapers around the clock. And I’ll be enjoying every minute of it.