|Dec 19, 2014
All quiet on the Tribe front ... I am preparing a new 10 week "season" of meetings that will follow the practices and formats from the Workshop more closely.
I am open to new Tribe members joining us when we resume Trading Tribe meetings in January, 2015.
There have been more inquiries about joining lately.
I envision our Tribe continuing to grow and make progress toward our goals.
I hope that you are well and enjoying progress towards your snapshot goals too.
Please let me know if there is anything I can do to support your effort.
Side note: I've had unsolicited requests to manage money from a couple of colleagues and a fund manager that is part of my family.
Lots of feelings come up and sneak into my thought process. I consider your comments on alignment of intensions between manager and client. I consider that I am also my client.
I realize I do not like the results of my trading and market interaction after 11.30 am. It feels strange to say it but it is true. (P&L, volatility and emotional state are all in places I don't like, flashing a huge red flag "don't do this!" )
I find that my desire is to work on creative/art projects, design, code, research, connect with others and play in the afternoon.
My intension is to give myself a reason why I should not be in front of an order entry platform all day, trading.
Removing drama from my trading day and retiring from the "day trading" grind is my new pro-active intension.
I commit to entering trades only between 8.30 -11.30 am EST, as defined by my methodologies.
"Stops are in, there's nothing to do"
Sounded good when you sang it and sounds good to me too.
Any trading strategies requiring trade placement outside of the 8.40 -11.30 EST timeframe are implemented via automated systems and monitored by colleagues or third party service providers.
Thank you for your support.