This is a picture of the tests on my blender with the systems i am presently trading and their trades blended to simulate some randomness: to make sure i didn't get lucky with my backtesting, i blended them several times and used a typical sample.
According to probability theory the fact of having missed a profit of 1500 dollars doesn't decrease my likelihood of making money in the future. Yeah, I missed that profit, but it's not like all that's ahead of me is drawdown. The drawdown, statistically and probabilistically speaking, is just as likely as before I missed that trade. I can hardly believe it but that's what probability says.
So I should not panic like I am.
Furthermore, my table above says that if i keep going like this, the chance of losing enough to blow out my account and be unable to trade is 10%.
By simply running my systems and going to the movies every day, I have a 90% chance of going all the way to 20k at which point the probability of blowing out is infintesimal.
Since these systems make about 5k per month, in just two months I should be able to spend the extra money made, not all of it of course.
This means that if global collapse doesn't happen, and if I do not run immediately into that 10% of probability of blowing out my account (it will decrease as capital will increase), I have officially solved all my financial worries.
This is how things are and how do i feel about this miracle? I had just 2k in the account a little over a month ago. How do i react to this miracle?
Amazing, to my amazement i react the same way each time: i feel it's too little and two months to wait is too long. Then, by rushing things, I will blow it out and in two months, I will wish I had waited that time.
Waiting behind me is easy, but waiting ahead of me is always boring, unbearably boring.
To me money is never made fast enough.
Waiting two months to solve all my financial worries seems too long. I want it to happen tomorrow.
****.
This means only one thing: i need to stay away from my laptop.
What kind of activity can i invent to spend two months without worrying?
Drugs. Too hard to buy. I'll make a phone call and get arrested the next day probably.
Forget drugs.
Alcohol. This could be good. For just two months it can't be that bad.
How about this. Drink a beer and go to the movies.
Both at once.
Basically come home, get changed, and go around, drinking and watching movies.
Yeah, i could do this for two months. Never staying home for two months.
Let's see how many movies there are around here.
...
Ok, beer's everywhere. That's not going to be a problem buying it.
There's two movie theaters around here: one with 5 theaters and one with 10. Considering i cannot trade on weekends, and i will be travelling, too, pretty soon.... i only have to worry about watching 20 movies per month.
20 movies and 20 beers per month. This means I'll end up watching crappy movies, but i might be able to never watch the same movie twice.
The cost is low. It's about 10 euros per day. I can afford to spend 200 euros per month on this, especially considering the profit it will bring me, by letting the systems trade.
Ok.
Come home, get changed. Get out, ged drunk. Go to the movies, come back and buy vegetables on the way home. Every day, five days a week. Then at the end of october i might be able to take a trip to the island every weekend.
So, all in all, i just have to spend three more weeks like this, and I am done.