Satisfying, Relaxing, Boring…That’s Thanksgiving Weekend
How was your Thanksgiving weekend?
Mine was great. We enjoyed a very classic Thanksgiving meal on Thursday, and then made our annual pilgrimage to the Chincoteague, VA Nature Reserve.
Each year on the Friday after Thanksgiving we head to Chincoteague to try and get a view of some cool birds and wild ponies.
It’s an ideal vacation. Relaxing. Satisfying, when you see that bald eagle or wild pony. Both of which we had great views of this weekend. And, just a little boring, but in a good way.
There isn’t a lot to do in Chincoteague in the wintertime other than look at wildlife, walk or rent a bike, and sit in the hot tub at the end of the day. It’s an ideal Thanksgiving weekend trip.
The only thing that made it a little challenging this year was some fairly major construction on the Bay Bridge. Traffic both ways was especially heavy as a lane on the bridge was closed for much needed repairs.
Thinking about the trip, it’s a lot like my trading these days.
It was a long trip getting to this point. With plenty of delays, and bumps in the road. But now I can relax and enjoy what might be described as boring trades. They’re familiar, like the eagles and ponies of Chincoteague. I’ve seen them before many times, but that doesn’t make it any less satisfying.
It does make it less stressful, the way Thanksgiving weekends should always be.
Don’t worry, I’m not being overly simplistic. There are still plenty of exciting trades in warrant land, like the Phunwares and Virgin Galactics.
But that doesn’t mean there can’t be the AIG’s of warrants as well. The Thanksgiving weekend type of trades. This is the fifth or sixth time this year I’ve been long this range bound money making warrant.
And before you ask, yes, it could break down out of the range this time, just like it could have any other of the six or seven times it came down to $52 this year (and the warrant to $11-$12).
That’s when we would sell, why we trade, and also why we haven’t just held it for seven months for no gain. One loss after five or six wins…that’s just a donation to the trading gods.
I hope you’ve found some old familiar patterns at this point in your trading. Or, if you’re still on the road to your enjoyable trading days, take this as encouragement that you’ll eventually get there.
If you’d like to learn how to do some boring warrant trades (and a few exciting ones as well) you can join us here.