Thursday, December 3, 2009

It's been a little while

I haven't posted for a while.  I haven't been able to do much trading as I have been working on a few projects in my consulting role.  I am hoping that I will be able to pick it up again soon.  I am continuing to have good success on the S&P e-mini (ES#F).  I hurried my morning trade a few times this last week and tried to do the trade without the appropriate studying.  Needless to say, it was difficult to read and I picked up a few losses.  It is just evidence to me of the work that is required to trade, every single day.  If I don't put in the work, I should not be trading.  When I have done my homework and have the proper focus, I am finding good success consistently.  I don't know why I think that it is like anything else, or any other job.  To do well requires a great amount of attention, preparation and focus. 

I was able to make some trades in simulation today and came out pretty well.  I rode the early morning ride up for about 6 points!  I could have been live, but once again, I am trying to stay patient and only trade live when I have done my homework and am prepared to respond to the market.  Soon.

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