Thursday, October 16, 2008
I find writing on the blog to be very therapeutic. The last few days have been profitable ones, although not as profitable as I had hoped. My ideas have been right, but the execution hasn't been as strong. I would rather get paid, than be right. As frustrated as i was, i need to realize that keeping it green on a consistent basis is also very important. Being emotional and hard on myself comes with the job. I need to step back enjoy the evening and come back tomorrow (expiration) and execute my game plan.
Tomorrow (friday) is expiration. This could possibly be the craziest/weirdest expiration you have or will ever see. We are currently getting a minimum range of 700 DOW points every day. That being said, if you are down money in the morning, there will be plenty of time/opportunities to make it back during the day. Make sure your head is clear and emotions in check.
This article about the VIX makes me happy to be trading.
http://www.cnbc.com/id/27220935/site/14081545
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