Days like this are when you are supposed to be able to make your full month’s take with ease. Since many of you didn’t, now’s a good time to ask yourself “why not?” The market never once tried to reverse, so why did you keep shorting into it? At the time, what made you think that was a good idea? What were you feeling that may have influenced you?
It’s only by asking these kinds of questions, and working out our personal answers, that we become better traders.
I’m using bigcharts for this chart because I’m on vacation and away from my trading workstation for the most part (click chart to enlarge):
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on Thursday, October 29th, 2009 at 5:53 pm and is filed under Trading.
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