Be comfortable with doing nothing
- Santo
- Nov 15
- 2 min read
Directionless or choppy markets are the most difficult to trade. The last month and a half has been a similar difficult, directionless market conditions.
In the past, I haven't managed these conditions very well; giving a lot away. Embracing patience and the inkling to keep doing something daily has been my bane.
"Embrace quiet and silence". "Be comfortable with doing nothing".
One of the pleasing things this time around has been the fact that I have given up only 5% drawdown from the peak this time around, despite being a very difficult market.
A major change of approach has been the measurement of Equity Curve using the Worst case Stop Loss Value of all my holdings.
"Stop Loss Value" is the worst case scenario in case all my stop losses for all individual holdings were to hit.
A report of my SLV drawndown for entirety of my investment portfolio by month looks like the below:
Month | Percentage drawdown in SLV |
|---|---|
Aug-24 | -8.02% |
Sep-24 | 3.62% |
Oct-24 | -0.81% |
Nov-24 | 6.58% |
Dec-24 | 9.83% |
Jan-25 | -3.46% |
Feb-25 | -0.51% |
May-25 | 0.83% |
Jun-25 | 0.47% |
Aug-25 | 1.94% |
Sep-25 | 4.71% |
Oct-25 | 2.32% |
Current | -0.32% |
August -24 and March-24 were pretty bad in terms of me managing capital and peace of mind. There is a trend of improvement that I see on reflection. However, I could have done better this time around. I still chopped around quiet a bit with several trades taken on a daily basis which were not necessary.
As I write this article, I am 16% invested as of 14th Nov 2025 waiting patiently for the market to evolve and prove its direction.
"The ability to sit through trying times and tide it through by doing nothing is a quiet superpower."
