Mar'23 Reflections and Results

Results

March 2023 -- we did 26% MTD which is pretty neat.

March was such a "indecisive" month; there wasn't really clear signals of whether the overall market was headed up or down, which made good trade set ups harder to find.

If a trade set up was analyzed to be bullish, and the market became indecisive and turned bearish, then that would invalidate the set up and make it a losing trade.

Similarly, if a trade set up was analyzed to be bearish and the market suddenly turned bullish, then that would also invalidate the set up and make it a losing trade.

March showed several oscillations of ups and downs which explained why I only entered 6 positions. I am still satisfied with my judgements and happy that I was disciplined enough to stick to my analysis.

Reflections

I still read the news and tweets from time to time just for the fun of it and this was definitely one of the months where I see many people getting burned.

I think it's important to stay neutral and objective about your analysis -- let the data speak.

I see far too many people trying to identify as a "bull" or a "bear", which is self-sabotaging imo because they are force-fitting their positions to suit what they most identify with.

Markets can be volatile, we should learn to adapt -- be like water.

"Empty your mind. Be formless, shapeless. Like water."

- Bruce Lee