Thanks. The blog is my new therapy.
And yes. Donchian = simple, elegant, antifragile. I played for years with lots of additional shix and finally decided I could not make a better system than a simple adaptation of Donchian's methods. Using periodic highs and lows as entry points is not the strategy, it is simply the application of the strategy. The strategy looks to take advantage of the bias among the majority of market participants manifested in primary price moves (Dow market theory) over many days or months (perhaps even years). I traded stocks beginning in the 90's with very different methods. I took time off from trading as I ran another business in the mid 2000-aughts. I started trading again during the 2008 crises but more and more became interested in the forex. In the last couple of years forex has become my main focus.
I don't personally know a single person that even has the slightest interest in or knowledge of trading. My family, girlfriend, old friends, new friends, none of them have any of either. My day job is my accounting business (I do accounting for several businesses including a microscope factory and an oil refinery.) Accounting and economics are my adjacent passions. I can talk about the writings of Smith, Ricardo, Bastiat, Marx, Marshall, Keynes, Mises, Hayek, Freidman, Rothbard, even Warren Mosler. But even my friends with econ degrees know little about them and have almost no interest. I thought about making an econ blog, but my ideas are too broad to do something so general; I would need to focus. I decided forex is my trading focus so forex can be my blog focus.
One of my clients is a general contractor and the father of the business owner (dude is like 75 years old) is the most interested person I have spoken to, he is a value stock investor. But even his head was swimming as I explained the forex. I have found myself freaking people out at parties if they showed any interest in any of it. They stand puzzled as I explain how shorting a financial instrument works or what a future is or why institutions take hedge positions in the forex to offset currency risk.
So I figured I would make that blog as a therapeutic exercise, as sort of a dialog with myself and whoever may actually come along and join the discussion, and it is really helping. I have taken in so much in reading and study and contemplation over the years that I need somewhere to start putting it out before my mind explodes. I really don't care if anyone even looks at it frankly. But any discussion I have with others can be therapeutic.
I have a lot of ideas about what more I want to do with it but I have only so much time. I will eventually do it all. I am sort of waiting to see if some hardcore tripped out hippy person stumbles on it and freaks out about all the symbolism not knowing what the hell the forex is (hahaha).
Do you have a blog or YouTube channel or anything?