Posted by sschulman on 29th of Jun 2011 at 09:20 am
RM686 I did the same thing. Thus I'll bet many of the more
silent blog-members did the same thing. I work Fridays and Mondays.
Although it's no problem accessing my laptop which I of course take
to work on work days, I just didn't want market-concerns
interfering with my focus at work. Could have hedged but just got
out instead.
I've actually never traded a system before - it's amazing how
much emotion plays a part. Objectively, nothing should be simpler,
yet there seem to be so many deceptively-valid reasons to stray
from it.
I was away all last week and that got me into a nice mindset
with the system that I am continuing now that I'm home. If
I'm out of the house or even just in the backyard, I check email on
my iphone around 3:00 - 3:30 and if there's a heads-up from the
system I check the price of SPY -- the Bloomberg app is great,
gives you instant prices on equities and futrures -- and check it
again at 3:45 and if we're close then, I set up trades for the
close and monitor the last 15 minutes. Don't even need a
computer.
Yeah, that's what I did.
Comment
Posted by cw12 on 28th of Jun 2011 at 09:34 pm
Yeah, that's what I did. I hedged against my longs by writing some ES EOM 1300 Calls today.
RM686 I did the same
Posted by sschulman on 29th of Jun 2011 at 09:20 am
RM686 I did the same thing. Thus I'll bet many of the more silent blog-members did the same thing. I work Fridays and Mondays. Although it's no problem accessing my laptop which I of course take to work on work days, I just didn't want market-concerns interfering with my focus at work. Could have hedged but just got out instead.
I've actually never traded a system before - it's amazing how much emotion plays a part. Objectively, nothing should be simpler, yet there seem to be so many deceptively-valid reasons to stray from it.
.....Susan
I was away all last
Posted by Michael on 29th of Jun 2011 at 10:07 am
I was away all last week and that got me into a nice mindset with the system that I am continuing now that I'm home. If I'm out of the house or even just in the backyard, I check email on my iphone around 3:00 - 3:30 and if there's a heads-up from the system I check the price of SPY -- the Bloomberg app is great, gives you instant prices on equities and futrures -- and check it again at 3:45 and if we're close then, I set up trades for the close and monitor the last 15 minutes. Don't even need a computer.
Right idea..
Posted by burkmere on 29th of Jun 2011 at 10:49 am
Your approach is one of the healthiest I've heard so far, Michael. Congrats on making the mental adjustment.