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.