[YEAR IN THE LIFE - PART VII]

Severe volatility of the market forced me to the sidelines during this period. It was too hard to the best position was no position. Spent a lot of time working on trade management ideas, spreadsheets etc while I was on the bench.

http://thestudentloanranger.blogspot.com/2008/09/blog-post.html the briefest of all my posts features a chart of the S&P with notation on recent financial sector news. After this, my monthly average for posting dropped to 6 from about 22. I stepped out of the market for several months, the volatility was too much for a beginner like me.

http://thestudentloanranger.blogspot.com/2008/09/trade-tracking.html despite being out of the market, I continued to work in Excel to create a trade tracking spreadsheet that would fully analyse my completed trades. This was to work out which setups were working, whether i was a bull or bear, my win ratios, average net etc.

http://thestudentloanranger.blogspot.com/2008/09/trade-tracking_29.html
Continued to work on the trade tracker spreadsheet. This is a huge asset to the trader.

http://thestudentloanranger.blogspot.com/2008/10/continued-selling.html September 10th 2008 and we are in the middle of the biggest financial collapse in nearly 2 decades. https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgp-MXxXeLq_6h549RP8D7JcTw0PA_UZkytPMOGnp-1zH-V9gi0oGDomLTwCYNQaWaI37j0jecSN17ikzpVSgERJ8qisladGoG6vjKcMgB7pT5JHqFs_J3zdvoBaxdZNGBcgqNWpO0_RR0/s1600-h/londontownisfallingdown.png https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdw-aDBC9SJsH7ujeS3gs6HCFicutjg_Sjs7YcC-prF-DNx8B3qXR8PoSr_MOKVn6VA9lKA_qKP3u9fTJn89KAHUtY4csdBMYdapJpcwcolLsB-j67ysr6TKANW0gtS5UOWHSMRLS35-o/s400/maprecover.png

http://thestudentloanranger.blogspot.com/2008/10/intra-day-action_21.html despite the mire, I was still able to practice my TA. I was working with smaller time frames and my analysis was good – mostly because I wasn’t putting my money on the line. At this point I think I realised I would rather be an analyst than a trader. I made 4 posts in November and December, the 1 in November was pretty much a token gesture.

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