I am so tired. This was my first week doing this trading thing full time. I think I made a couple of happy meals so far. The frustrating thing about this is seeing so many opportunities and not taking them, not trusting, not trusting myself. I feel very disorganized and that is my goal over the next week or so to figure out the best way to look at things. I need to make this work.
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The markets have flat lined over night.
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5 comments:
Hi Jeff,
I had a little time to spare...so I thought I would stop in and check your blog. I like it. I have tried the blogging thing myself and found it taking so much of my time that business was suffering.
I really appreciate the hard work that people like you and the Trading Goddess do. I know it takes a lot of work.
I will check in more when I have more time to relax and study.
Thanks,
Jade
you are welcome
Hey Jeff,
Just read your work on the Trading Goddess blog. You know I was thinking about yesterday and all the posts on TG's blog, and I came to the conclusion that really she has become the hub for a lot of us.
I had someone tell me to get my own blog once as I posted some stuff on hers too. At that time I really I didn't feel like anybody wanted my 2 cents. But over time TG encouraged me to do it. And so I did start my own blog. For a while I had a lot of ideas and thoughts about the messages I wanted to present. I too used it as a review of my strategy and ideas. I knew there were people out there that appreciated it and they let me know. But for the most part, days and weeks went by without any feedback. It was discouraging. As time went by I found little satisfaction or desire to post anymore. Not to mention how much time it took to do what I was doing and how it affected my business.
I haven't posted anything new in a while. But I still enjoy interacting with others that do take the time to post on a blog. I think there is going to come a time where TG is going to have to start charging for her service. If some young kid can do it with FaceBook or MySpace, then I am sure TG could too, if she chose.
At any rate I hope you stick with it and don't get discouraged by criticism.
On a side note....I bailed on my NYX position for now. You might find it interesting in my blog from months ago as I was deciding to invest in NYX. I knew the very day I laid the money down, I had made a mistake. Today I cleaned up the mess and will review it again later. But as you will see there is nothing new there....yet.
Who knows I may come back to it and give it another try.
I always say...If you want to be successful at anything, you must first love what you do.
Jade
You've beat the mental game before, you'll do it again. Good luck on this last big hurdle, when it's behind, you're going to run fast.
You will do it Jeff. You are right there are so many opportunities in the market, and elsewhere, to make money.
I have a little saying, that "whatever I pay attention to is where I make money". Once I got my focus in the areas I felt comfortable with, my results quickly improved.
Have you read any of the books by Dr. Alexander Elder about the psychology of day trading? I've learned a lot from his writings.
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