Very nice just reviewing these risks aspects. Var. Funny I really never bothered about this before. I "heard" about it. I kind of "knew " about it, but never saw the importance, as I did not really dig into this var to really understand it.
Keeping a Var at 10|% seems very constraining, but it's actually like an insurance. Really makes things riskless. Trading can be riskless. I always believe a trader was all about risk taking, again false belief. It looks more about reducing risk, while still trading. Some real mental shifts really. Thinking counter-intuitively. very interesting.
time to review some basic math. <iframe width="640" height="360" src="https://www.youtube.com/embed/bekNKJoxYbQ?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>
I don't really understand the point of getting the VAR curves, during a "trading campain". Wondering what insight one would get from such graphs.
what's for sure, I am now always starting to think of the var, var, var. When adding a trade, how will this change my var? really different way of doing a trading campain.
Really 3 things to track : good preparation + excellent mental/spiritual + low risk var. Nice that even this var things can work for overnight trading . Low risk money while sleeping. I am starting to understand better this var stuff. Return Vs max(VAR_tradingCampain) curves : looks like ( constante + tangent ) function. I assumed it would look like a ( constante + exponential ) function. lol Loss Vs max(VAR_tradingCampain) curve actually looks like a ( constante + exponential) function. s**t! Just shows one always has something to learn in trading. I'll definitively keep a good track of this var, for each trading campain.
Now the mental/spiritual side. Few days ago I was apologising for having diverted my time and attention from trading into non-important issues. I am really grateful to have met really good people. I wonder who enjoyed it more - those saying this or the one getting this - " escuses accepted. Please do what you have to do. Always do your best. And know you are loved. " I really enjoyed reading it. During today's break, I will be looking for some nice gardens, some with fruit trees, most with flowers with buzzing bees and butterflies. Let's see how easy it is to find in this place.
really nice listening to some classics during a good breakfast. <iframe width="640" height="360" src="https://www.youtube.com/embed/B4IAZ5sQJPY?feature=player_detailpage" frameborder="0" allowfullscreen></iframe> and the Lord asked me what I did with MY life? Parasites really are called parasites for a reason: they only know how to destroy. And people ask me WHY one should be ready to fight dirty against parasites! lol.
when one things she was just a happy girl who liked singing and dancing. <iframe width="640" height="360" src="https://www.youtube.com/embed/Mhm5Yty_zAo?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>
blowing all her money on cocaine. Can't believe nobody around her tried to get rid of the parasites. Good people are indeed very rare.