I can sit here and lament about losing money, especially the instances where my own trading folly resulted in a loss. But mainly I scrutinize my missteps and reflect upon the time these mistakes waste. Time, my friends, is the most important currency of all. The corporations will fool you into thinking otherwise but at life’s core is the 40 good years you have to perform the work you enjoy and the success it brings.
The schools only take you so far and corporate jobs often peak and suck away at your soul. Journalism always seemed fantastic, but the grass is always greener elsewhere, yes? I am drawn to two types of work—trading and process engineering. At the heart of both is data analysis. Business is a series of statistically favorable decisions piled one on top of another. Thus the role of the robot overlord is born.
I am a robot overlord. I am encased in enough processing power build weather models for the local teevee network. I have been mining data on the market for months, honing my helper algorithm Elroi to aid me in navigating the peaks and valleys of volume profile. Do you know why I am doing all of this?
Because it is only a matter of time before the market returns to this ultraviolent state we see now. It comes and goes, like the influenza. I can see it coming and I want tools for trading it. I don’t want to sell my swing trades, trades like the god damned LEDs.
If I am smart enough to see this coming and formulate a plan of attack for it, then eventually I will get my timing right. I could blame Multicharts for breaking the Zenfire API on January MOTHER LOVING 1st this year, but in reality I could use the Mirus DOM to trade manually. I have been building a plan, a process document if you will, which details every single trading picture, every single entry, every single exit tied to each type of entry, and then coding said rules and extensively back testing them for merit. All they while I grow my contextual big picture understanding alongside the fine people of iBANKCOIN.
I am just as excited as ever to be a Velcro-shoed futures trader. I like order flow. Order flow is pure. I can see what everyone is doing, even the enemy robots. I don’t care if order flow is arbitrage or an algo or a fund or the devil himself. They all either hit the bid or take the offer. And I can see them.
This post is not achieving any actionable point. Just know The Raul will continue to plug away at the futures trading process until it’s refined into a consistently profitable methodology.
In the meantime, I will trade my way out of this paper bag a few of these stocks have me in and back to proper glory. Top picks: THE MOST ULTRAVIOLENT MOMENTUM STOCKS THE MARKET OFFERS. They are our only store of value.
Tick tock tick tock…
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