There are exactly 153,277 analogies that can be drawn from cycling and trading — I offer you just one.
Last week, as we rode the 65 miles from Bozeman to Big Timber, MT (what the cool kids refer to as the 59011) we did so in what’s called a “paceline” (I looked it up). This is when each rider closely follows the tire of the bike in front of them creating a “slipstream” (also looked up). This slipstream allows cyclists to “draft” off of the riders in front of them requiring 15 to 25% less effort to maintain their speed (it’s science). Each rider in the “crew” takes a “pull” — a turn as the lead cyclist (now I’m just showing off) — allowing the entire bike crew to ride longer distances at faster speeds. It’s taken us 3 weeks to slowly figure this out and create our own version of paceline riding which we greatly enjoyed each day we ride!
Well, that may be how we’re riding today but I remember back to week number one and it was a much different story (ahh week #1 – we were so young and eager back then). At the onset of our coast-to-coast adventure we hadn’t really formulated any organized riding plan other than “here’s where we start and if all goes well…here’s where we hope to end up for that day.” Yes, we were a team in the sense that we all knew each other, drank out of the same jug of water and all called Shawn boss/dad yes, but once we started pedaling it was almost every rider for themselves. It wouldn’t be long before we’d get strung out and have multiple “mini riding clusters” up and down the road (not official cycling lingo — just my hopeful contribution to the sport). This was a very ineffective way to ride … sure, we made it each night to our destination but it took much longer and required much more energy from each person to get there.
So what’s my point? In trading there are many people who are individual traders out in the market each day putting their own money at risk, doing the best they can at trying to turn a profit without losing their kids’ college funds. Sure, they may eventually make it to their desired destination (or they may not) but more times than not it will take them much longer and require much more energy to do so (if indeed they make it at all). The Apiary Fund succeeds because “We are a community of traders working together to accomplish common goals!” We all have the same destination, we all have the same intentions, we all have the same goals … so drink out of whatever water jug you choose … but why not work together in the market, making it easier and faster for everyone to arrive at their destination.
I’m proud to ride with this “crew” but I’m more proud to be part of our Apiary Trading Community (what the cool kids refer to as the ATC). If you’re not part of the ATC, than strap on a helmet and join the group. If you haven’t already … take a look. (SPOILER ALERT: it’s our money you trade with). We’re eager to teach you what we know, we’re eager to build a relationship but we’re most eager to succeed together! Cheers, Darrell
PS> My new nickname – Squirrel: “a nervous or unstable rider who can’t be trusted to maintain a steady line.”