New Book, New Home and a New Life
By Lawrence
New Book
The Art of Chart Reading book is still in the capable hands of my editor, Amy. Her inputs has led to many changes to the charts and overall organization. All of these changes are aiming at making the book more readable and easier to understand some of the more abstract concepts. The editing is probably half way through but there are also issues like cover design and other logistic things to take care of. I will not be surprised if the book can be released by the end of August. Since it is out of my control, don’t take my word for it.
You can read the online version of Art of Chart Reading on my site.
New Home
I’ve found a new place to move to. I decided to do it the week before. I booked appointments with 20 places to check them out within 2 days this week. I then decided the first, second and third choices quickly. Offers submitted – not my first or second choice was accepted but it is now done.
Pretty efficient, eh?
I am taking advantage of the Canadian long weekend (August 3rd Civil Holiday) to get all the things related to my moving organized so that it will not take up much of my time going forward. I will likely not be available next Monday if the struggle with the people who handle my renovation matters stretching all weekend. I will keep you all posted on the situation by Sunday night.
New Life
I see more scaling back in my trading size this year as volatility is going to pick up significantly into September and October seasonally. My modest trading goal for the year is mostly completed hence it is not time for me to go aggressive at this point. It is especially important because I have so many things I am trying to do at the same time, my mind may not be as focus as I like it to be. As we all know, day trading takes our full attention to reduce mistakes. Unforced errors are costly to the bottom line.
I have not decided yet what I will be doing in year 2016. One thing I know for sure is that I will travel more in a year or two, my friend Michal from Czech has moved to Monaco for years. The nice pictures he took give me incentives to visit him soon. Personally, I prefer cooler weather than the very hot ones though.
Eat a thumb size ginger everyday will make one feel comfortable even in a scorching hot day .
Wherever you go make sure find a place to grow the miracle plants for your daily organic food … Moringa–
Moringa thrive on 70-95+……..
Moringa tree grow 7 feet in just 5 months….
Moringa contains
46 antioxidants
36 anti-inflammatory compounds
18 amino acids
A group of anti-aging hormones (cytokinins)
Also highly nutritious and rich in vitamins, manganese, magnesium, lysine, riboflavin, , thiamin, protein and niacin.
Ounce for ounce, moringa powder contains:
—> 7x the Vitamin C found in oranges
—> 4x the beta carotene of carrots
—> 3x the iron of spinach
—> 4x as much calcium as milk
—> 3x the potassium of bananas
—> Even more fiber than oats!
I have experience taking moringa leaf power. It has a strong taste and green color making it more difficult to mix into food for my late girlfriend as her mouth became extremely sensitive due to using her chemo like drug for many years.
Personally, I remember when I was young, quite a number of martial artists used to grow this in their backyards while taking the leaves raw almost everyday.
Besides Moringa , Grow organic cannabis for you and your loved one.
Cannabis is the God’s gifts for human , yet has been prohibited by evil businessmen and politician .
Cannabinoids receptors in our human body need cannabinoids everyday.
For controversial subjects like this, we better leave that out of this site because it will get me in trouble. =)
Thank you for helping me understand why they are not as popular as they should have been.That’s my position-stay away from controversial issues.
I changed my mind about them after CNN weed documentory by Doctor Sanjay.
(Moringa by a German university study reports ; both can be found on youTube)
I am very healthy myself . but very puzzled why so many brilliant minds rather die than give it a try .(e.g.my brother who is software engineer working for NASA.
and Steve Jobs both live in San Francisco bay area – Medical marijuana capital)
Boy you don’t mess around!! I was surprised to read you made the move so quickly.
All my best for your move. It’s a lot of work and extremely distracting, its also unsettling for a time as one gets used to their new location.
With kind regards,
MK
I did it quickly so that I can move out of my current place slowly.
My brother is right that it will be very difficult for me to stay at my current place by October and November. I should know better how to manage myself but sometimes it takes someone who see things more clearly to tell things as it is.
I see more scaling back in my trading size this year as volatility is going to pick up significantly into September and October seasonally. – Do you mean reduce trade size
when volatility going up ?
Once you trade 3 lots or more, it is necessary to monitor the average volatility and adjust the trading size for the day.
One can have a max size according to the trading plan and rules to reduce the size when, say, average 15-min range has increased a bit much.
For example, if average 15-min range is just 3 pts, and you use 150% that as the initial stop loss,
4.5 pts x 5 lots = 22.5 pts
When, average 15-min range is 5 pts,
7.5 pts x 5 lots = 37.5 pts
That will be a bit much on net % basis on the overall impact to the trading account.
So, the size has to be reduced,
22.5 pts / 7.5 pts = 3 lots
Trading 3 lots instead of 5 in this case will keep your overall risk per position constant under different volatility environment.