Never Stop Experimenting

 

Growth never stops.

Schedule some time to play. To experiment. To explore.

Often it will lead nowhere.

But sometimes it might create new insights which transform your trading and your life.

Persistent thought 1: "Is there any reason why I have to wait till 0930ET (12:30am my time)? When "life" allows, why don't I trade the currencies from 0800 to 0930 and then shift across to my normal market?"

Persistent thought 2: "I really need to explore the idea of scaling in – spreading an entry across a zone rather than going all-in."

If you're like me you'll find thoughts and ideas repeatedly competing for your attention.

Don't discard them. Their might be gold in those ideas.

But don't let them distract you from your main job of trading your current defined strategy.

Schedule some time outside of normal work hours for play and experimentation.

You never know what you'll discover.

<image: Never Stop Experimenting>

<image: Never Stop Experimenting>

<image: Never Stop Experimenting>

<image: Never Stop Experimenting>

<image: Never Stop Experimenting>

Persistent thought 1: "Is there any reason why I have to wait till 0930ET (12:30am my time)? When "life" allows, why don't I trade the currencies from 0800 to 0930 and then shift across to my normal market?"

I enjoyed this. It's been quite a long time since my last play with currencies.

And while life doesn't usually allow me to be ready for trading by 11pm, I see absolutely no reason why I shouldn't consider trading the currencies on those odd occasions when it does. It certainly beats sitting and waiting for another hour and a half.

Persistent thought 2: "I really need to explore the idea of scaling in – spreading an entry across a zone rather than going all-in."

I've tried this several times in the past, but always abandoned it. It's clear my strength is precision entries, all-in, with imperfection managed through scratching and re-entering as required.

And yet the idea keeps persisting. I will likely play with this more, as time allows. But I have to make sure that when I feel the trade tipping in my favour, I've got to get full size on.

In any case… today's goal of simply experimenting in the hour and a half prior to the US emini open… was a resounding success.

If you're like me you'll find thoughts and ideas repeatedly competing for your attention.

Don't discard them. Their might be gold in those ideas.

But don't let them distract you from your main job of trading your current defined strategy.

Schedule some time outside of normal work hours for play and experimentation.

You never know what you'll discover.

Happy trading,

Lance Beggs

 


 

Written by

YourTradingCoach - Admin

2 Comments to “Never Stop Experimenting”

  1. Nik says:

    Thank You Lance. I really liked your idea/development/experience of the game.

    I also like the game Mike Reed from Tradestalker, and 5-min, and 60-min Dr Brett Steenbarger, from your earlier article.

    PS Perhaps if other traders would like to share their experiences / developments, it would be very useful to see their versions of the game.

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