I've decided to make a couple of changes in how I talk about my trading:
- No more reporting quantity of positions;
- No more statement of percentage- or dollar-based profit or loss
I have a number of reasons for doing this. The principal reason is that, for my supporters, how many positions I have or how much I've made or lost doesn't add any value for them; and for my detractors (which consists of one particular unlikeable moron with almost no readers, no life, and no ethics), it provides fodder for derision. Because if I claim profits (as this morning), it is disbelieved, and if I claim losses, it produces chortles.
So it's a lose/lose, and since I'm a sensible chap, there's no sense in it. I'll just stick to tossing out trading ideas, goofy videos, and anecdotes.
Today is a very exciting day, but – irony of ironies – I'm going to spend most of it traveling, so I'm going to go mute for most or all the rest of the day (you know me, though; if I can find any opportunity for a new post, I'll do it – – – and, hey, guest posters, this might be a good time for you to step up!)
Be wise, keep your wits about you, and good luck today. Remember, the market closes three hours early (1 p.m. EST).
