The New York Stock Exchange traded slowly for me this morning. Too slow. We are starting to feel the effects of the China tariffs but from a market perspective. Too many people are going short and then when they get caught in a squeeze, it pumps the market up suddenly. You would think that this is a good opportunity to get some ticks but the problem is the ticks aren’t all that much and considering I’ve got to get out quickly. I’m not about to risk capital on that shit.
It took me about 4 times to try and size up today before I realized I am going to end up castrating myself. I don’t like to blame the market so I’m just going to say that this is my own shitty self’s fault. My saving grace today was 3 trades on Wheat for size which bolstered the PnL to the point where stumbling in the cash open didn’t screw me over for the whole day.
I am very fortunate that I got out of the week positive. I can’t believe it’s already the end of September. I really need to get 2 or 3 more good days before closing the books for the month. As always, I am thankful to God for my blessings.