May'23 Reflections and Results

Results

May 2023 -- Relatively stress-free month doing a couple of advanced strategies. Market seemed to be picking up a little.

Reflections

Personally, I do enjoy small to medium wins as opposed to huge wins.

I define small to medium wins as making between $50 to $500 per trade, and huge wins being >$500 per trade.

The reason for this is because smaller wins are actually way more sustainable and manageable. There is also a greater probability to profit since you won't be staring at the screen all day waiting for the trade to make more profits.

I would choose 5 trades x $50 profits over 1 trade x $250 profits in any given day.

Next month (June) will officially mark the halfway mark for the year, which is key milestone for me to take a overall pulse-check on Arete's performance. Based on the previous months' performances, I do have a good feeling about this.

I am also glad that I took the difficult decision to transparently track my month-to-date performances this year. Especially in 2023 where there's so much going on. I remember in Jan'23 the world was said to be doomed and back in my mind I knew it was going to be a very challenging year. I also told myself that this would be an excellent opportunity to test (again) the robustness of my strategy.