My biases continue to plague my trading and I will be spending much time this weekend addressing the issue - though I expect it will take quite some time before I see improvements. Despite saying I wouldn't be surprised if the market's action was muted today, it was purely lip service; I spent the entire day (and a few hundred dollars) anticipating a sell-off that never came. In fact, the market gained more and more strength throughout the day and seemed to indicate that the multi-day low was put in this morning just after the close. If so, we are still on the upside of the multi-week cycle- a cycle which appears to not want to peak.
A horrible week of chart interpretation and a mediocre week of trading has come to an end. Next week begins the process anew.
No comments:
Post a Comment