The New York Stock Exchange traded well this morning out of the gates. What’s the problem you ask? Well, I basically shit the bed incorrectly deciphering the mood and trajectory of the market.
I really wanted to start the Monday off on a good note. It didn’t have to be a spectacular one – just a decent one. Something where my capital exposure meant something. So I went in with more than half capacity after judging my markets and proceeded to get the utter shit kicked out of me.
We often think that trading will bring us to the promised land. But more often than not, our efforts end up looking like this…
And in even deeper nuance we think that proper trading gets us to this
When most of the time, you do as much as you can correctly but there’s always that x factor that makes things crazy
Oh well, thank God I followed my position sizing rules.