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.
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.
