Fail fast and don’t make the same mistake twice. Because I literally (and figuratively) cannot afford to.
- Only buy positions YOU ABSOLUTELY KNOW will turn out well. More trades will come. Otherwise you’re going to go be constantly chasing. Do you want to be chasing? No.
- For the fifth time ONLY ADD TO WINNING POSITIONS you idiot. No adding to positions until you see direction IN YOUR DIRECTION.
- There is no good trade, unless you’ve set up, and actually had a hypothesis (well beforehand) about what was going to happen. Otherwise you’re fucked.
- I can do fine in high volatility trading.
- Don’t touch it so fucking much. You’re touching it too much. Give it a couple days before you blow out your account with commission fees. There’s false breakouts all the time. Doofus.
Dear God. I hope I come out of this alive. But at the same time God, I realize that this isn’t really that important, neither that pressing. So, I will use my wish later on when I am in real dire need. Perhaps when I am abducted by Somali’s who are demanding ransom from the government. But we all know how that ends.
But this is sketchy. Don’t make the same mistakes twice. Man.
Thoughts of a Ho… Now you know.
