[No, I do not regret anything] Have you ever daydreamed about what you would do differently if you had your own time machine? If you ever had the slightest feeling of regret, or the traders should’ve could’ve would’ve syndrome, you probably would not have minded having the 20/20 foresight on hand when deciding to make that blunder of a trade. It has been a while since I taken the time to write a post of any real substance on Trin Café, my excuse boils down to a lack of motivation.
I’ve been trading, making and losing real money since 2002, if you recall, the market was still falling from the dot-com bubble and the 9-11 terrorist attacks. The best trades that were available were shorts. See a pattern of lower highs and lower lows and it was like a dog whistle on what to do next. My best trading year was in 2008, the market selloff was dramatic.When fear grips the market, panic selling is a bears best friend… did I mention that I have a bias to sell than buy? The idea of buying a dip in 2002 or 2008 was crazy talk!
- Options can be bought at a fraction of the underline stock.
- Losses can be secured at a fixed figure.
- Profit can grow exponentially, 50% 100% %300…
- Time is not spent laser focused day trading.
- I can think of better things to do with my time than be in front of a screen.
|What will you say to your self 10-20 years from now?|
Trin Café’s Future
I began this blog to share my excitement and ideas about retail trading with other traders. Now I do most of my retail trading chatter on Twitter. Who knows, I may move to a Caribbean island and Trin Cafè becomes a blog about being an “expat island hopping rum drinking lover of life”?
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