Today was one of the hardest climbing days of the trip (except for Aspen, who seems to sail up any hill). We had to climb over the Continental Divide and we all made it. Shawn’s trading account also had a great day. He continues to amaze me in how he is making money to pay for this trip while biking and taking care of his family. I’m a believer in the concept that learning how to trade will open up the freedom to do things you really want to have fun doing.
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.
Today’s Trading Results: -$347
It was a rough day on the bikes yesterday climbing over Lolo pass and it was a rough day in the market today. My session started out good, at one point I was up almost $350, but it unravelled quickly. Have you ever had the feeling that you ought to pack it up for the day and you say, “just one more…” Well the one more turned into a fight for the next 3 hours to try and gain back what was lost in that “one last trade” – and it only got worse from there.
The challenge today? A complete lack of volatility and when it finally decided to move it moved in quick burst. My mistake was trying to force trades to make money… something many of us do when we feel an urgency to make money. Lesson learned. I will try to be more content with my performance next time and walk away when I get that “pack it up” before your “give it up” feeling!
A wise man once said (and by that I mean someone in our group – probably good looking), “Given enough delicately passing miles, the road tends to generously answer all of ones previously unanswered questions, undoubtedly.” After completing the first 700 grueling miles I’d have to agree with that intelligent, thought provoking and well-worded statement. Here are just a few things I did not know before pedaling 700 miles…
- I did not know there are exactly 176 broken white lines in the middle of the road per every 1 mile.
- While in my largest gear (the one that’s hard to turn over), it takes me exactly 169 bike cranks to complete 1 full mile.
- Before our trip (while sitting in a nice air-conditioned office) I was impressed that the Adventure Cycling maps (which we’re happily using) had the forethought to laminate their maps in case it rained while biking – “Genius!” I thought. Well, 700 miles has shown my naivete… it’s not protection from the occasional gentle rain, but from the daily sweat – very smart guys.
- As a general rule, cows rarely look up when you say “moooo” as you ride by (though we seem to keep testing its plausibility), but for some reason they LOVE squeaky breaks! Not sure what is being said in animal/squeaky brake talk but they seem to like it! We have had cows, horses, 2 dogs and 1 camel (not even kidding about the camel) eagerly come running our way until they realized it was just humans with squeaky brakes. (I always feel bad because they seem to turn away with a look of disappointment)
- If you title a playlist “My Favorite Songs” or maybe “Songs I Love to Listen To” or even “Songs I’ll Never Tire Of” …it really doesn’t matter because I have now proven after 700 miles your playlist will be renamed “Music for Guantanamo Bay.”
Related note: Seven seems to be the amount of times you can sing all the songs in Joseph and the Amazing Technicolor Dream Coat before hurtful words start to come out.
- The seat on your bike is not getting smaller …I’ve measured it – on two different occasions.
- Having “easier” gears does not necessarily make it easier, it just means now you’re pedaling 36 times faster to move 12 times slower resulting in it taking 27 times longer to complete that grueling up hill portion. The best I can relate this to is being asked if you want to be Shot – or – Stabbed?
- Rumble strips, evidently very popular in Idaho, are an effective way for removing every single filling in your mouth. I am not a conspiracy theorist per se but on this one I’ll put five bucks on the fact that rumble strips were invented by an out of work struggling dentist …most likely from Idaho.
- For 45 years of my life I did not know the Gold Bond Company had a product I needed …the last 700 miles has proven that they do!! I love you Gold Bond Medicated Powder Company and thank you for being patient with me for 45 years. #callmeMr.orMrs.GoldBondPresidentifyouneedanewsatisfiedspokesperson!
- And lastly, I did not realize that the world is a drastically worse place to live because it is missing a “Shawn & Trisha Lucas Family Cook Book” (©℗ 2014 – All rights reserved. Use not permitted without express written consent) bay prednisone, pharmaceutacles from mexico. . All the meals they have cooked (yes, in large quantities) have been exceptionally tremendous!
Upside: tastes great and something to look forward too each day while riding.
Downside: I’m not losing weight!
(Which one do I pick? Well, with the amount of time I’m spending trying to avoid rumble strips while perched on a seat that may or may not be shrinking, with nothing to listen to now that Joseph and his colorful Coat have been banned… I’ll take the upside of tremendously good food – and my Gold Bond of course!)
I hope this helps. Can’t wait to see what the next 700 miles have in store.
Successful trading everyone, and may the wind always be at your back,
When you come to a fork in the road, pick it up… and make sure to pack nine more. At least that’s how it is in our family.
A three-month long trip can be exhilarating, but packing can be a real hassle. The number one rule to packing is to pack light, and for a teenage girl who will pack a months worth of clothes for a three-day trip I was doomed to be put in charge of creating “the packing list.”
The first problem I ran into happened to be the number one rule: pack light. How do you pack light when you have 10 people in your family? You have to have 10 of everything! You have 10 toothbrushes, 10 plates, 10 pillows, 10+ pairs of shoes (I say 10+ pairs of shoes because we have little boys in our family who have stinky little feet. The shoes need some time to air out. You’d be amazed how often we have to remind them to change their socks because they seem to forget that you have to change your socks daily). The second problem was the fear of forgetting something. We had a lot of gear we needed to pack and I was overwhelmed. The old adage, “divide and conquer,” finally gave me the direction I needed. The job was too big as a whole, so I divided everything into 5 classifications.
They say the great thing about knowing you’re wrong is that the moment you realize it, you’re right – especially when it comes to being financially fit!
Here is the moment I started to think, “This is wrong.”
We’re planning this amazing transcontinental cycling adventure across America – living solely on the profits I generate from my trading account. I wake up this morning totally jazzed for a day of riding and getting in shape. It’s May 24th and I have one more month to prepare. I have to average of 65 miles a day on the trip, so I think, “I’ll get 50 miles in today.” I get out on the road, I’m feeling good, I’m thinking “I can do this!” Then comes mile 32. I completely bonk. I could not physically ride another mile.
The current financial crisis and consumer banking market sector
The actual financial crisis began in north america of United states in 2007 as a result of house loan problems the place where from the families were incapable to distribute substantial expenses. This was due to this fact combined with the credit history contraction one of the business banking and money spent field in 2008 which resulted in the credit ratings general is tightened.
Today’s Results: +$263
The guys are all upset with me this morning because we had this great plan of setting up a trading floor in Mike and Darrell’s room. The problem is that when I woke up and turned on the computer, the markets were on fire and I could pass up the trade! About an hour and 15 trades later, I finally put the computer away long enough to take the elevator down to their room.
I am learning that my phone is a better internet provider than most of the hotels Wifi. The problem is that when I get a call on my phone it drops my connection. Nate’s phone call cost me about $60 this morning. Sorry for not answering, Nate.
We’re about ready to head out and tackle Lolo Pass. It’s the inevitable monster I have been afraid of since we first mapped the route. The only way I know to get up the mountain is to approach it the same way I conquer the market — one trade at a time — only I won’t be counting the pedals! I am convinced that my body is better suited for trading than cycling! See what good trading form I have in the picture?
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