Beating Alpha

iterating towards truth

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Pros and Cons of working at home

I have just stumbled accross this funny poster about pros and cons of working at home. Out of all images I picked this for pros:

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and this one for cons:

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Especially if you are in front of trading screen the whole day and you do not want to turn it off because the day was not great and you at least want to square break even (if you have few days like this your social life is becoming really poor). Waiting for that one last "repairing" trade can be a real pain in the ass especially, when after London closes and Americans got their lunch break.The best advice is to just give up and call it a day. I usually monitor my working hours by ATR movement. Once the 5min ATR got below its 200SMA I have to give up since the volatility dried up for sure.

For more images visit: The Oatmeal

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