"A man is not finished when he is defeated. He is finished when he quits."

Tuesday, September 22, 2009

September 22nd


Up $49 paper trading today, when I could take a moment to look at the screen. No chance at undisturbed focus today. There was just too much going on. These days, just 15 minutes of concentration on the markets is hard to generate. My training is suffering because of day-job concerns and real-life. A perfect world would allow me to trade in peace so I could learn this. Sadly, I am not grasping this trading art quickly enough to stay on this track. As time goes forward, I must dedicate less time to trading. I have to focus instead on my business, the object of my neglect since I started trying to trade.
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Started slow today but finished with some strength. Best trade was pegging the 3:00 pm peak in FAS and letting it ride down some. I got out too soon but I'm glad at the choice I made to short there. At the same time, I was playing ERX the same way, which actually yielded more gain than the FAS.