Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Knees and Toes

By -

Referring to my Trading Rules page:

Emotional Awareness – use emotional awareness to your advantage, understanding fear often accompanies reversals in your favor and hubris often
accompanies reversals
against your positions. My state of mind, when
trading, will be carefree and fearless, and my total focus will be
technical considerations and I will only trade what I see.

Well, the second part was a few days ago, and the first part is, uh, about right now.

Keep in mind we've been in the same trading range of about 860-950 since April. Bears and bulls have been bouncing between these levels for what seems like an interminable amount of time. I truly thought we were ready to sink beneath it, and I was positioned as such, and the past three days have been very painful.