The New York Stock Exchange completely fell off a cliff this morning. I was not paying attention to the news so I have no idea what happened. All I know is that there were real opportunities once Wall Street opened and thanks to that, I ended the day with a flush PnL.

I needed that because I didn’t do so hot on my morning Wheat trades. Out of my 6 or 7 attempts I think I only got 2 good shots and everything was break even or losses. Not exactly the way you want trading to go but I also reduced my risk exposure on the asset so that – if anything – was the biggest lifter for the overall PnL.

I will be taking the day off tomorrow for the funeral mass and burial. No way I can schedule in trading at all and out of caution, I just won’t take any early morning positions.

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2 thoughts on “Strong Positive Day

  1. Today is the day I have been waiting for a long time, unfortunately I am only options trading at the moment, probably best for my long term trading plans. Take all the time off needed, the markets are not going away anytime soon.

    Liked by 1 person

    • hey trin, you did a great job analyzing these markets and now it’s paying off. I know it isn’t as much as it would have been if you were slinging contracts but it’s a great achievement.

      I was shocked myself seeing the market move like that but we needed something to jar us out of our seats, I suppose.

      Like

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