The New York Stock Exchange started off quietly again today. I had to make a choice sitting on my dining room table. Do I
A.) trade this slow ass open and hold contracts longer
B.) call it a day and not bother with this bullshit
I decided to do B.
I don’t know what’s going on but I know that things will change. There was a little bit of a move that I could have extracted something out of but the problem is that I will be risking an unnecessary amount of capital to do so. The risk vs. reward just isn’t at a point where I feel comfortable with the trade.
Besides the non trading in the cash open, I only traded Feeder Cattle and got a decent set of ticks on it. Today was productive, but I can’t help but worry about the cash open and how things have slowed down. It’s annoying how unresponsive the market has become but I know better than to trade it. Patience, I have learned, is a very important quality in trading because it impacts your capital reserves and anything that impacts my hard earned capital is something I need to pay attention to. So, overall it was a light day.
I just wanted to end this post with a random thought today. After I got done with trading, I went over to my refrigerator and grabbed some blueberry eggos to toast. Then I turned on my Bluetooth speaker and listened to some music. The sequence of all this…me being in the kitchen on a brisk autumn Thursday morning…I just felt so thankful. The presence of all the natural light hitting me even though it wasn’t that much of a good day meant the world to me. I am really really lucky and I know I say it often but if Luck is how I am to navigate this world then I accept it graciously. I am so thankful for everything that I have and I will be forever grateful to God.