Journal of a Professional Irish Gambler

July 2017 - Not only 12 months later, but even 19 months later on from shorting the FTSE at 6100 in June 2016, it still feels in Feb 2019 too dangerous times for any new FTSE short bets at 7250. The threat of UK QE and interest rates going to minus zero are messing me shorts about. Don't short indexes when they benefiting from quantitative easing and fiat money printing. Nevertheless, idiot, for the first time in 19 months, I stopped being short and briefly went long the FTSE. I stopped all triple shorts bets in August 2017 when FTSE 100 was at 7350 and went long the triple long FTSE with a reverse bet that was 10% of my FF. Do not  forget, in July 2017 when FTSE was also at 7350,  I thought the FTSE UK3S short ETF had reached an all time cheap buy in price at 310  and so like this desire in Feb 2019, wanted to double up my short so as to benefit from a probable phase transition due to an even worse UK GDP employment, manufacturing and housing forecast an...

2017 July -  Behave more frequently like an Aikido Scout Blue Ocean brand new innovative warrior general. And less like your usual strategic less, tactical, jumpy, acute FOMO Aikido warrior self, which is ready to shoot from the hip when a sudden 2 day price move pops up unexpectedly over the last 48 hours up, one that irrationally excites or terrifies you. Unfortunately yes, your Aikido FOMO warrior within, has often tended to tactically react more to a "System 1" gut feeling, or hunch, or shame and new short term rigid belief that has arose first. On the other hand,  when numerous big facts over 3 months proves big time that there is now a change to today's landscape and consensus, like a Great Scout warrior general proudly alter, mindfully and intriguingly, all the previous "non performing" and pernicious dysfunctional harmful beliefs, bets and relationships. And move big. Always be Blue Ocean Shift Scouting relationships, markets, currencies and i...

"The real life you yearn for and will achieve, over the next 50 years, should be only a result of just 12 important key thoughtful investment decisions / actions / tantrums in each of your most important life projects. If you stick to only doing/making only 12 big ones in each project over the next 50 years, it  will be an even greater/richer life for you ahead."  To make each of the 12 key investment decisions count over 50 year,  every 3 months,  memorise and follow your good losing and winning process steps and call to actions" What is the true "expected utility" of today's super itchiness flare up to suddenly bet or eat unhealthy, that Gary seems to want to act on now?  If a bet, is it more of a 3 month like bet out of  curiosity  rather than a cigar butt one that should result in a probable 18m utility likely gain?  If the former, "Totally Avoid Scratching" that FOMO superior belief flare up and itchy desire/hunger to listen to ...