Knowing When to Chill Out
That’s right. Chilling the F*** out. After making 2 trades today, I realized that today was just gonna be “one of those doji days”. In fact, that’s what happened. I was in the city (DC) for the afternoon, realizing that my time is best suited elsewhere. There’s no point in wasting your time on a day where you know you will not make big-d**ked gains. (I am making an effort to stop cussing on the internets).
Realizing when to take the day off is just as important as realizing when you have to be 100% committed to a day. Do not waste your time. Maximize your opportunities. Think about it – my mantra is “to make the most amount of money in the shortest period of time”. I cannot do that in this environment, especially with the lack of follow-through that I have been stressing for weeks now. The thing is, you never know when you will get that huge, epic day. It just comes, and BAM! you take home a double-digit total portfolio gain. Just like that.
I have yet to see the intra-daytrading environment improve. Therefore, I will continue to test out certain trades until the moment is imminent. It will improve when you least expect it and the question is, “Are you ready and prepared for it?” Stay vigilant, traders. Never lose focus toward your goal in making a F***ing killing. That’s how we roll.
Bottom line: don’t trade like a clueless idiot.
AIG moving
Bought $NLST 5.53/54
Sold half $NLST 5.61/62
Sold 1/4 $NLST 5.73/72
TSL at 44.52
owt at 44.5
Sold last 1/4 $NLST 5.8101
Long a bunch of AUY nov 13 puts at .22
Bought small $NLST 5.83
Sold $NLST 5.75 – exhausted
AENY is slow going back
AENY bounce back really nice
EDZ
NTAP at 30.81
AENY @2.75
NTAP
SOLF
go go go AENY
PARD
NLST moving again
Bought $CSIQ 21.72
HW
Sold $CSIQ 21.72 b/e
TCK break out
STP break out
scalping $STP
stp
lol good eyes
NLST again
your blog didn’t work on auto refresh by Mozzila
OK it’s working now but it’s always at the end. I have to scroll up to see the comments
TSL
TTIL
AIG movingggg
Dragonfly doji followed by a spinning top with its entire body below yesterday’s range. What are your thoughts?
potential bullish tri-star accepting that spinning top as a doji