For the rest of April, I’m going to be plugging my 1 year WP anniversary post as it is pertinent to the experience of trading and this blog. Click here to read it.
The New York Stock Exchange traded slowly this morning which was kind of a surprise. I was expecting everyone to get out of the gates acting crazy with huge buy and sell offers especially now that we’re in the full midst of recognizing a peace between North and South Korea and the corollary wellsprings it effects. But nope, there wasn’t all that much opportunities for my style of trading but as they say in the business, “gotta keep going”.
I took a trade in the British Pound last night for the open of the week. I don’t know if they have Labor Day coming up or something but it was just so slow in the early goings so after waking up at around 2:30AM and seeing that I didn’t really get anything, I just decided to cancel whatever other trade ideas I had for the currency and would wait for the cash open. As I said in the first paragraph, the cash open was anemic and because there wasn’t much of a target to chase, I had to settle for a handful of trades which yielded nothing but a handful of dirty rocks – I basically made no money.
In the end, the only loss was my business costs and while I can’t live comfortably with that for the rest of the day, I can live comfortably with the fact that I didn’t lose any heavy capital money. I hate this dumb business but I am thankful to the man upstairs that my capital – for the most part – was preserved. That’s all you can ask for on a day like this.