Now why this didn't this happen when I had a full time job?
Idiot. Trade full time and at the "lovable" age of 48 then give me.
Hey! Don't look at me.
I've no clue whether this is causation or correlation...
Never look at gift horses in the mouth.
A quick recap.
I started trading full time 3 years ago. (That's how you manipulate statistics. Which year and month you chose as index 100 is key! Wink.)
2 years ago I doubled my trading account.
And this year?
It's up 88%. (Nice pretty numbers or what? Double happiness; double playmates! Yes, its been that long...)
You know what's better than linear compounding? It's exponential compounding! And that 2 year streak just ended... (Talk about easy come; easy go... It ended just when it started to get exciting... I think got to stop with the sexual innuendoes!)
Is your Math good?
From what I've just said, some of you may spot 1 or 2 mathematical facts that may jump right at you.
1. Yup. It's 11 bagger in 3 years - 1x2, then x3, then x1.88. (OK, I cheated. I rounded it down to 10 bagger as it sounds more powderful as a headline. Bite me!)
2. In percentages, its up and down like a yo-yo; but in $ money terms, its growing year by year. And that's why I don't count in percentages.
If I told you I started with $1 in my trading account, and after 3 years I made $10, would you still have a "wow" in your mouths?
1 minute celebration
There! I've already taken the moment to cheer myself and gave myself a gentle pat on the back. Especially when 2015 wasn't a walk in the park like in 2014
Now I'll let it go.
The results of this year and/or previous years have absolutely no bearing on next year.
No trading goal settings for 2016
Sorry, no matter how "SMART" your investing or trading goals are, don't you find it silly to set goals on consequential results we have no control over?
Me? It's still back to the trading basics of focusing on my entries and exits - that's craftsmanship.