It was a little sloppy out there, but I found some good things. I'm done extra early today. I need to go into the office. +23
Jan 22 $300 realized but holding onto overnight losing trade. Jan 23 -$6,055.77 There goes nearly all of my Jan profits so far. This is what happens when size is increased and a losing trade is held onto. So what happened? Improper management of self. 1. FATIGUE. Not unusual for me to stay up for 24 hours after working 3 nights especially if I had an easier work load. This time, I worked 4 nights since we had bank holiday on Monday and then started trading in the morning. Mental clarity simply wasn't there. 2. Stress of MOUNTING PRESSURE from a spouse who wants to quit working full time and wants a new car (lowest option is $65k). Responsible for big house expenses such as mortgage, etc. 3. $10K PROFIT GOAL. This one was a minor issue. I wanted to close the month of January with $10k profit before taxes. I was up $600, enough for me to steadily attain my goal. I should have closed and went to bed. Instead, I started recklessly gambling with increased size. If fatigue was attended to, I could have managed the pressure that I have been feeling. | Disgraced. | V
i'm expecting to see some beauties today out of rally and sellingindex vol, w/ what that front month just did...assuming you were able to get out of the shorts if u were playing them. i botched it a little on the vxx, but was able to get some grub out of it. i'll post a couple missed days tomorrow morning. nothing special, but green. gl rest of day all.