Two more days to go – and then finally it’s a big break – yay!
A couple of other interesting links i have come across in the last couple of days:
- Ever heard of negative-skew trading strategies? – check out this link for an explanation of what it is.
- www.tastytrade.com – this looks like a great site for learning about the intricacies of futures and options. They have a tonne of videos – although it is meant to be targeted at retail traders, the material is certainly not elementary. This website is sponsored/endorsed by the CME – so they can’t be too bad! [I realized when I watched some of their youtube videos how much financial jargon and financial theory I have actually become rather comfortable and familiar with – nice!]
Right, it’s nearly the end of the year. It’s unbelievable that I have spent an entire year trading the markets full-time – wow! It’s been hard work, but also a lot of fun – though I gotta say that, all in all, I have had more stellar years than 2014 has been. As usual, I have compromised with some other parts of my life for the sake of trying to become successful and rich – will I ever learn to be wise?
Today I did another 3 hours of futures trading. Traded around 80-90 eminis and lost a bit over 20 ticks. Also worked all day in the office yesterday (yes, Sunday!) progressing with DAX testing. I was meant to carry on with that today in the late afternoon but I was simply too exhausted, so I had a quick beer with a colleague instead.
How to brainstorm in central London
Two things I have been pondering over the last few days – (i) how to develop a profitable strategy for trading in the futures markets using my friend’s custom-developed platform, bearing in mind that the end goal for him is to develop a strategy that can be automated – i.e. traded by a robot. (ii) Secondly I was trying to figure out why testing my trading technique in ForexTester2 is still somewhat amiss of live trading and have then tried to make things in the testing environment as identical as possible to the live trading conditions.
My technique for brainstorming answers for these is to take long walks along quiet parts of the Thames, whilst sipping on the occasional hot chocolate or mulled wine. Then sometimes I stop, look out over the water, and note down ideas that come into my mind. This actually works!