Today’s trading
I was disappointed with my trading today. It was a tough, choppy day and I lost some money - but that isn’t what upsets me. Looking over my watch list I see many opportunities that I didn’t take advantage of - I missed a lot. I didn’t lose a lot of money and I didn’t really break any rules, but I just felt all over the place and unfocused. I didn’t feel in control. I really don’t want to lose control over my trading but a day like today makes me feel like it is slipping away. It probably wouldn’t be a bad idea to take tomorrow off and think things over, but I doubt that I will.
I usually quickly go over charts in the morning before the market opens, but I have decided that I need to do some more work. I want to form a closer relationship with the stocks on my watchlist. I want to know them well. When I trade them, I want to understand them. I feel like that with some of the regulars on the list, but not with most of them. From now on in the evenings I am going to go over the daily and intraday charts of all of the stocks on my watchlist.
