The highway shoulder is noisy, difficult, and even dangerous… perfect for an interview!
As a trader, ups and downs are a part of everyday life, both in the charts, and in your emotions. Learning to work through those highs and lows is a key part of becoming a successful investor.
Watch how the daily routine plays out in reality for the riders and the family.
The first of several analogies to come between biking and trading, Darrell reminds us that it’s often the simple, familiar systems that are the most reliable.
We’re headed into week three and of course there’s been more beautiful scenery. It’s been unending uphill climbs headed into the Rocky Mountain Range through Idaho to Montana. But you want to know the real meat of it. So, here’s some frank answers to some of the most pressing questions we’ve received, asked by Apiary Fund team member Rob Baker:
How much weight are you losing?
None! Crazy right? How can you bike across an entire timezone and not lose weight? So, obviously the biking isn’t going to change, so it’s time to change the nutrition: cut back on the waffle syrup, soda, and chocolate milk, and go for more fruit throughout the day.
How are the kids holding up?
Tricia’s been taking the kids to see a new waterfall or landmark every day. Bridger’s energy was building, so in order to save his mother’s sanity, we found the next Percy Jackson book he hadn’t read yet. At one point, Elias said genuinely “Mom, I just want a toy.” He’s been driving different miniature vehicles over people since. As we said earlier, though, these kids are no strangers to road trips and they’ve been helping and playing the whole way. Today, we also lose Shawn’s oldest, Cassidy, to college. We’ll see her in Iowa as we pass in another month.
What’s going on with the bus?
At this point, we’re just moving on without it. It was great looking and a fun idea, but the mechanic just wasn’t returning our calls and we’ve got to keep to our schedule if we have any hope of biking all the way to the Traders’ Summit in Boston in time. It’s been replaced by an E-350 van and a trailer that Shawn and Colton spent the day modifying with a cabinet, air conditioning, solar lighting, lockers, and shelves.
How has trading been going?
We’re alpha-testing a new software for currencies, designed by one of our riders, Colton. It’s called Alveo, and he continues to work on it in the evenings after the days’ rides. Shawn noticed discrepancies between the quote and fill prices he was getting so Colton is working on fixing that. It is a software in progress, after all. In order to stay on track with the concept of trading to support the family and the trip, Shawn switched and traded futures. One thing many people just getting started with trading may not realize is that once you learn how to trade one market, most of the same strategies and tactics are directly applicable to others. A head and shoulders pattern in the EUR/USD means the same thing as a head and shoulders pattern in Google stock or oil prices. So Shawn has been applying his same breakout pattern and pivot strategies to futures trading on a Level 2 Apiary Fund account to support his family and pay for the extra hotel rooms in the bus’ absence. Most days he makes between $200-300, and some days he’s lost around $150. Before the trip started, he traded currencies in that account to save up a few thousand, just in case something crazy happened… like the bus breaking down.
Can somebody do more updating?
Yep. We’ve just assigned each person a day of the week to write a blog update:
- Monday – Darrell Anderson
- Tuesday – Aspen Lucas
- Wednesday – Bruce Chesnut
- Thursday – Colton Chesnut
- Friday – Mike Alger
- Saturday – Aspen Lucas
Tricia has been keeping receipts and tracking expenses while Shawn has been tracking his trading profits and losses. We plan to compile all of this into a page of statistics.
We’re building the plane as we fly it. It turns out we’re pretty tuckered out after riding bikes for the majority of the day before eating and sleeping to do it again the next day. Mike has been recording along the way, so you’ll see videos come up with a little lag as they take time to edit.
So, here we are starting week 3 by crossing into Montana. More uphill. Always uphill. Wish us luck!
Having the bus overheat before even getting started was a curveball, but not a total disaster. Everything is mostly still on schedule. We got started on the right day and have made the right progress to be where we want to… seeing some amazing sights along the way. We’ve passed through Portland and are headed up the Columbia River. Above is Mount Hood, a landmark of the Portland skyline, with the Columbia below it. Thankfully, there’s a pretty strong wind headed east this time of year!
Cassidy and Aspen, Shawn’s two oldest, have been riding their bikes alongside the group. The rest of the Lucas family has been seeing the sights, singing songs, and playing games. These people are professional road-trippers, and you can tell this is not their first rodeo.
The bus’ absence has, of course, brought some challenges. Replacing the transportation and getting everything moved over has taken our non-riding hours, so there hasn’t been a lot of time to post. Videos, blogs, and trading sessions will be coming down the pipe as we head into week two. Lucas family food and sleeping were originally planned for the bus, meaning the restaurants and hotels add up to extra costs for Shawn’s trading to cover. He’ll be up early tomorrow on his laptop before the ride, trading to cover those costs.
The show must go on! We’ve got a van and trailer to fill in as the bus gets repaired. We gathered on the beach of the Pacific Ocean next to Cape Disappointment, which is the furthest west that the Lewis and Clark expedition got. Except we’ll be going the other way. We wanted to make sure there were no questions about whether we really went from ocean to ocean!
Our initial group consists of several extra friends and family members joining us for portions of the trip. We’ll slowly be thinning out as we continue across the country. Of course, if you’d like to join us and get a few riding days in yourself, come along!
Our first day was fantastically scenic as we traveled along the Columbia River, crossing the amazing Astoria-Megler Bridge. Check this out:
It’s really happening! The trip is underway and we’re getting into the groove of what life will be for the next 3 months: Trade, ride, eat, sleep, repeat. Stay tuned!
Here’s a video explaining the route we’ll be taking across the country, cycling from sea to shining sea, spreading the word about trading currencies!
Meet Darrell, Colton, Shawn and their families. Three key members of the Apiary Fund cycling team riding from coast to coast. Shawn’s whole family is going on the trip and he will be trading to support them the whole way. That means he has to make enough to cover hotels, food, and transportation for his family of 10 just by trading a $25,000 Apiary Fund account.