Major red candles into the close — classic “fuck you, you’re dead” pin action. I traded miserably all week, ending the session off by 115bps for a weekly loss of less than 0.5%. This juxtaposes poorly against gains in my other portfolios, all up more than 5%. In short, I am off and cold and trading poorly. My methods which had produced great results are not working anymore and I have yet to adjust.
The good news is my losses are muted and the damage limited. Month to date, I am still up 5% and if I finish strong next week I can turn this into a meaningful June.
The summer is here and junior is manning the trading turret. Expect listless trading with dead bodies floating near the short till September.
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Would it be reasonable to go to “cash” and take the next 40 trading days off?
Pathetic