Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Saturday, January 6, 2018

Reflections 2017

I like the process of planning, or reviewing what went well and what went badly throughout the year. It appeals to my logical brain while at the same time, my emotional side connects easily with the losses and the successes. This year is no different and 2017 was a very different type of year for our family.

This year marked a new season in our life. As I wrote in last years reflection post, 2017 did in fact, produce new and exciting changes for us.

In no particular order;

1. I FINALLY graduated college at age 48. I have spent 30 years pursuing this and it finally happened.

2. As noted in last years post, I began working at a national bank as a mortgage lender. That process took longer than expected but the results were exactly as expected. I've made more money in the few months I've been working there than I did my entire trading career.

3. We started our own Christmas tradition for our little family of three. We took a Christmas trip and had a very wonderful time. We spent three days in San Diego which is only three hours from us but feels like the other side of the world sometimes.

4. 2017 was the year of for lack of a better description, spiritual awakening. I discovered so much more about my spiritual side that I can't really even put it in words. Nevertheless, I'm tremendously excited about the possibilities going forward.

5. A side effect of the spiritual thing is improvement in some of our relationships. Over the last few years, a couple of long standing friendships had soured for some reason. We are not real sure why but over the last few months, those relationships have begun to normalize and we are very grateful for that.

6. Over the last 90 days, I have begun to return to my roots as a trader. That is, a scalper. With employment income to pay the bills, this has become not easy but easier for sure. I really only have time for about 60-90 minutes in the morning at the most for trading and on the days I trade, I'm really only looking for 10-20 ticks a day at the most and I'm happy if I leave with 5-10. The purpose is not to hit home runs but try to hit singles every day that I trade. I don't have time for longer holds or to wait around for the big move of the day to set up which often happens long after I've left the trading screens.

7. My health has improved. I began intermittent fasting in July and lost 10 pounds almost immediately. Since then the wait loss has slowed to about half a pound a week and I don't exercise or anything like that. In total, I've lost about 20 pounds, +/- a bit. More importantly, I gained only 2 pounds over the holiday season and I've already lost those. This year I intend to create a work out space in my garage and spend at least 30 minutes a day in there if possible.

8. The last half of the year, I developed a meditation habit. Slowly at first but nearly every day now as I have come to rely on it for the quiet time I need and to develop the inner strength for the things I wish to accomplish. In truth I've almost become addicted to it. This will be a major theme for 2018.

9. We've been looking for a house now for over 6 months. Nothing in the neighborhood we wanted has been in our price range that entire time. We did find one in November but they sold it out from under us at the last minute. In December, the perfect house became available, I called immediately and the house is ours and we move in mid February. We are quite pleased about that.

10. In 2017 as a result of focusing on the good and having a positive expectation and as a result of #4 above, I've become very sensitive to negative inputs in my daily life. So much so that I spent a fair amount of time eliminating toxicity from my daily experience. Its harder than you think. We are surrounded every day by negativity and it takes daily effort to remain in the place of positivity. But as I have learned, we choose the reality we live in. And I have chosen to live with a positive expectation of good. This means I watch very carefully what I look at on tv, the books I read, the content I allow on facebook, etc. Once you become aware of these things, you see them everywhere. Of course you can't eliminate them entirely but you can minimize the effect they have on you and that is what I have done and will continue to do in 2018.

Cheers and here is to a fabulous 2018!

7 comments:

  1. I read this post with great interest. Almost all of it resonated with me, either because I have come to similar conclusions/made similar changes already in my own life or because I feel the time is coming for such a change.

    #4, 5 & 10 in particular.

    It's great to hear that you have become more aware of what's going on in and around you AND have made decisive changes around that. Not everyone has the guts even if they do develop the awareness...

    Best of luck for continued success!

    James

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    1. Thank you sir. Also congrats to you as I think you hit a milestone in your trading in the not to distant past correct??

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    2. That's right...thanks! - I got funded by TST on 2nd January :).

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  2. Good for you mate, it's a beginning. Best of luck. The list is too long, one day when you find no need for such lists, will you be one with the force. Ha!

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    1. Yes it is too long...but I like lists with ten items on them for some reason. Its irrational but true. You laugh but one of the items on this years list is "be one with the force" or something along those lines!!

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    2. Surely you know, i wasn't laughing at you. This list is something I surely would have come up with myself a few years ago.

      Today, I have little more to say than that.....for if one wants to be one's own pioneer, one MUST under all circumstances stop regurgitating crap (even well meaning crap) from all.

      For it truly counts as the depth in a man (both as a trader and as a man) to silently walk the path himself, and prove to himself (and no one else) the oak that he can be.....

      Be Well Skywalker.

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    3. Master Yoda, yes I know you are not laughing at me...I took it in the spirit intended....


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