We tend to focus on what we do. Our occupations, habits and interests inform our character to be sure, but I think we’re at least equally defined by what we don’t do.
Maybe that’s why LinkedIn feels like a tomb where everything authentic goes to die.
I quit smoking many years ago. I quit drinking more recently.
I quit trading impulsively - letting that moment when I see a setup and get a rush of adrenaline - pass. I quit sizing my trades based on my beliefs.
All that quitting has made space for me to become more fully who I want to be.
In this sense, the nothing left in the wake of quitting is a wellspring — the source of life and wealth.
It’s like that with cutting losses in trading and in life - let the losers (thoughts, habits, toxic people) go and you’ll feel the wellspring within you return.
The swing accounts 20% return year-to-date is at least as much an effect of my exits as my entries. Of doing nothing when there is nothing to do.
What else can I quit?
-Andy
In case you missed it — here’s our ongoing record of doing and non-doing:
Friday 📸: Portfolio Review, New Trades
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Aug 14
Good Morning. Brief note today - the market is super boring right now and there isn’t much to do. I’m not supposed to say that. Culturally, ‘content creators’ about financial markets are incentivized to dangle partial information and create an illusion of special insight — constantly appearing to see so…
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