The New York Stock Exchange had a good morning in terms of volatility but we are nowhere near the levels of movement that I would be comfortable with to really size up on a daily basis. I feel like my position sizes go on a yo yo diet course and because of it, I am forced to make trades more on a volume basis rather than a choosy type of basis which adds to my already paranoid nature when dealing with this stupid career choice that I made.
Anyway, the cash open was great for me. Even though I wasn’t sized up, there was enough action on the indices where I was able to make up money for the earlier trade. Notice I said make up for. So I traded Feeder Cattle earlier on and got completely slaughtered on 3 round trips. It was bad, really bad. Like I was one of the cows getting slaughtered bad. The only thing that I could do was try and trade out of it but even with an above average performance in the opening bell, I was still red when all was said and done and it wasn’t just the commissions.
So that’s how my day went. Chof-ful of camel feces and now, with a rolling power outages because of a storm, I get spotty internet connection. Wow.
Don’t get me wrong. I’m thankful. I’ll just prep for tomorrow’s market action and hope I do better. It’s just a shitty way to end the month.