If you had to do it all over again ?

Discussion in 'Trading' started by Sekiyo, Dec 31, 2024.

  1. Sekiyo

    Sekiyo

    If I had to do it all over again,

    I would focus on averaging 100% yearly instead of monthly.

    I would avoid using leverage as much as possible unless it’s to reduce overall risk.

    I would build a nice and consistent track record and manage Other People’s Money.

    From family to friends and build up.

    Pretty sure I would be managing several millions at this time.
    Taking fees, profits and making +100k per year.

    A snowball has a better expectancy than a unicorn.

    How would you do it ?
     
    Last edited: Dec 31, 2024
  2. I'd marry the Chinese girl. :)

    (I wanted to, but her mom said I wasn't good enough for her*... She was correct, of course, but didn't actually know why at the time.)

    *Apparently being young, tall, athletic, smart, educated and nice guy with gazoodles of money isn't good enough for Chinese moms when it comes to their daughter... :D)
     
    Last edited: Dec 31, 2024
  3. I would:

    - try to do things more slowly
    - prioritize process over outcome
    - use fewer indicators and more price action
    - concentrate more on avoiding losses and less on maximizing profits
     
    Sprout, comagnum, Scataphagos and 3 others like this.
  4. Sekiyo

    Sekiyo

    Me too :D
     
    BKR88 likes this.
  5. Sekiyo

    Sekiyo

    Do more with less :D
     
    comagnum and Probability like this.
  6. In a funny way, I don't have any regrets about trading. It had to be this way. I had to learn, and then unlearn many things, to finally see what mattered for me. And life in general is a lot like this.

    Risk management is The Answer
     
  7. Cabin1111

    Cabin1111

    Real winners (Apple, IBM), let it ride...
     
    Sekiyo likes this.
  8. 2rosy

    2rosy

    I Forest Gump-ed it. :) but I regret not moving during the pandemic when mortgage rates were near zilch
     
    Sekiyo likes this.


  9. Especially when it comes to women. :D
     
    Picaso and Sekiyo like this.
  10. BKR88

    BKR88

    DCA each month into SPY, QQQ, GLD, bitcoin, etc....
    ETFs only. No company stocks.
     
    #10     Dec 31, 2024
    Lou Friedman and Sekiyo like this.