Friday, June 03, 2011

Cold streak

Song for the day is "Cold Day in July" performed by Carrie Underwood (YouTube link). Yeah, I know it is still June.

Anyway, I've been laying low, because it feels like I am out of step with most of the markets. Combine that with some recently closed trades where the timing seemed atrocious, and I have been reluctant to initiate new positions.

All traders go through cold streaks and I seem to be in one now. I am working through it by trading less, reducing risk, and paying less attention to the markets.

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