iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Don’t Be Like Me

I’m a big believer in starting fresh for the new year, closing my books in my trading account at year end (never IRA account). However, this is the second year in a row where I missed out on big dick gains in exchange for starting with a clean slate.

There was a stat going around today that we have been up over 1% over the last five years on the first trading day of the year. Sadly, I’ve missed out on the new year fun yet again.

The point of this post is to learn from my mistakes. If you’re border line OCD like me, and like to have things in perfect order, throw that out the window, you won’t make any money like that. I surely didn’t.

I’ll be back with in a bit with some trading ideas for Thursday.

Here are the stats for 2013:

Market – 1    RC – 0

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