We came to Vegas to attend a class on options trading and to hit The Money Show. Our initial plan was to go to Monday morning's class, check out the booths in the afternoon, and maybe attend a few more classes before leaving Tuesday or Wednesday. Well, the classes/seminars were so helpful we attended many until close of the show on Thursday afternoon. We were mentally exhausted. And physically, too, from sitting for ten hours a day. But it was worth it. We had hit a wall with our trading - partly because we have tried several different strategies, each failing; partly because there has been less time to focus on trading with our new lifestyle of being on the road. Being at the show has helped put things back into focus for us. We've also kept in touch with members of our Ft Lauderdale Investor Group (via emails) which has helped us, too. Trading can be a very lonely business, so its more fun and more productive to have other people in your circle to help trade ideas and support.
Now we are eager to work and trade, but we are heading into the National Parks again - Death Valley, Sequoia, Kings Canyon, and Yosemite - and are concerned about not having the time to properly monitor new trades. Oh well.
It wasn't until Thursday night that we got out on The Strip. And, for the first time in memory, I WON! Not much, but a 2.5:1 return and Andy also walked away with a 2:1 return. Perhaps we should just gamble instead of trade? Here's the funny thing...I should've walked away with a 3:1, but what did I do? I removed my 'stop loss' and decided to bet another $10 because I wanted to stay in the fun. Even with my gambling I make the same mistake! Ha!
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