Hi guys, welcome to Friday! A humbling day today that showed me I am not infallible and that on a day with little stocks moving I shouldn’t chase trades. I was forcing trades on stocks that I would not normally look at, simply because there was nothing out there. Today was a great lesson that sometimes the best position is: no trade. Anyway, lots of great lessons today on how I act on quiet days, and ones that I will take away when I go live soon.
Note, I’m close to releasing a great FREE journalling app called TotalTrader. All you will need to do is paste in your executions and the macro will work out all your stats and charts. It’s a pretty cool little thing and if you would like a copy please check out my blog every day as release will probably be end of next week.
Hope you guys have a great weekend and we will talk on Monday!
*** Apologies for getting cut-off at the end of the video – I needed another 15 seconds! ***