Monday, September 15, 2008

returning to the fire

After three weeks away from trading, I returned to trade yesterday.

After hearing how there had been great trading during the span I missed, and seeing the market gap lower yesterday morning, I came in expecting a big trading day.

At our morning meeting for Trading RM, we emphasized that while this market is volatile, we still need to focus on utilizing our patience and waiting for our edge to show up.  Emphasizing this put me back in the proper frame of reference to trade

Yesterday, during the first half of the day I ended up not trading as much as I expected (the scenarios did not present themselves to me), but as I went home I felt the day had been a success. 

I stayed committed to my game plan, executed it, and was in the game throuhgout the day.