Macchia69 @Macchia69: "Hello there! I'm still here,..."

Italy

Edited

Hello there! I'm still here, though I must admit not much is going on. We're still outside the grid, and as we approach the end of the week, it looks like we'll be closing out our second month with an unrealised loss. The reality is that we're stuck in a waiting game. We could choose to realise some of these losses, reduce our exposure to the $UK100, and start trading again. However, doing so would set us back significantly, making it harder to get back to par. It would also imply that we believe the macro situation has stabilised and we're entering a new normal, which I'm not yet convinced of. What's becoming increasingly clear is that my initial strategy to shift the midpoint up by 100 points seems less accurate. A shift of 200, or even 300 points, now appears to be closer to the mark. In the meantime, having my psychology exam season finished and the trading paused, has made possible for me to catch up with some reading. Among the pile of books in my reading list ere are some recommendations for you: 1. Joseph Conrad "Heart of Darkness" I finally got round to read it, and boy! It was worth it. 2. Mo Gawdat "Scary Smart" An interesting take on the problem of living in the forthcoming AI dominated future. 3. Nick Bostrom "Superintelligence" I read this some time ago but, due to it's connection to the Gawdat book, it's worth mentioning it here. It's still relevant and probably the shinier light on the discussion of our AI future. and, still to be read, but on the shelf to go next: 4. Ken Wilbert "A brief History of everything" Promises to deliver a definition of truth, something we badly need more of these days. 5. Sean Carroll "From Eternity yo Here" And this might be the attempt to answer the same kind of need but using the tools of physics rather than those of philosophy. Hopefully we'll be back in trading mode soon, for now let's enjoy a good book. Alex

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UK100