From 0.8 D-Leverage to 3.07 on the DARWIN... it's a shock to experience such volatility (especially when it is on the downside).
So it is more a distorsion than a true "black hole", since the volatility on the 1st part of the history is 4x time less than now.
It's time to turn the lights off, delegate trade execution to DARWINs providers, and get retired.
I realize that, insisting on trading while I don't have the time to do it is a very bad situation, because it involves too much frustration on many aspects, that leads to collateral effects on multiple sides.
in 2015, I decided to start a project that was very important to me.
As I dedicated my time and passion, my income and the time available for trading have been reduced, while those from my other activities have gradually replaced them.
For this event, in 2016 I decided to abandon the futures market, which I had been trading for some years as a primary activity, to dedicate most of my time to this project.
Today, my trading income, as well as the time available to manage my funds at risk are close to zero.
As I mentioned at multiple occasions here, since 2016 I have struggled to find the right balance between trading and my other activities. And every minute spent on the markets slows down the progress of my project, while every minute spent on the project handicaps me for trading.
Cohabitation has now become clearly impossible, and a choice has to be made.
Trading has become a distraction that I have to go through to stay focused, definitely!
I use the word distraction because, since the amount of my assets exposed to the market have significantly decreased, expected returns in absolute do not deserve to handicap the progression of my other activites.
So the obvious is: stop trading (at least temporarily), and delegate.
Also, there is a psychological aspect that I underestimated during my switch to Darwinex: to negotiate on an account with a balance equivalent to my weekly gain or loss on the years before, pushes me to derogate from the basic principles of a safe money management. This is a trend that I have detected on many occasions. Lack of time and limited asset to deploy in this timeframe, makes me doing the exact opposite what a DARWIN provider is supposed to do
I am conscious that no one care about hehe
But it is part of my therapy to write it down I guess...
So, 3 things:
$PIK will continue to hold directional exposure to the market, but with no arbitrages/coverage or intraday activity. So, as you've witnessed, swings (up or down) can be wild!
SAKURA will continue to grow if all go well
- I will allocate some for research - to fund the trading account of xxxxxx, who has nothing to do with finance at the start, but is developing a very strict rule-based system, derived from physics. At the moment, we can deploy it live for nothing, but when ESMA rules we be applied, we will need a better account
OK, so... let's delegate now!
(to my dear DARWINs providers)