The New York Stock Exchange got a nice bump up this morning. I guess people just want to end things strongly before Christmas. I know because I am one of them. I knew I would have a very small window as these jumps are usually short in nature and are a result of emotions rather than anything of economic substance. I’d probably have 2 or 3 trades at maximum.
As with most things in life, theory ever equates to applicability and while the window to trade was indeed short, it was shorter than expected. It didn’t matter though because I loaded up on size and took the first trade that I could – and that was that. After booking that trade, there was really no other opportunities. Yes, I could have dialed down my size but that’s just a waste of commission dollars. So in the end, I went 1 for 1 in the cash open. My foray into the British Pound was even less eventful than that as I broke even on a series of trades. In the end, it was the cash open that saved me and that’s how things will be written in today’s book.
I still feel like shit but I’m glad I was conscious enough to actually trade. We got some snow and even though I wasn’t able to completely clean my driveway, I’d like to at least clear more space out to prevent any ice from forming now that I’m well enough to do so. Well, onto the rest of the day.