Tuesday, September 23, 2008
Best Market Chances - Suspended Again
Suspended 9/22 - dramatic loss of value in short period of time. Lost everything I have made during the year and then some. This happened during high volatility period with Lehman failing, AIG rescued, gold shutting up 18%. DOW moves up and down by more than 3%. Going back to my weather metaphor - this is category 3 hurricane. Doesn't happen too often but when it does - watch out. The reason for suspending trading is purely emotional - lost too much money in the short period of time. In the last 40 days my equity went from $50k to $57k, down to $47k. This wild ride is hard to stomach.
Subscribe to:
Post Comments (Atom)
2 comments:
and also HT tradingadvice is in line with this, a little pause after 4-5 bad trades, i'm watching it and thinking...
Is your favorite TS list up to date?
Many thanks
an italian observer
My two favorites Have Fun and Best Market Chances have struggled recently and at this point I am not trading.
Post a Comment