Your comment "nothing like the noose to focus the mind" is spot
on! I've also had to trade much larger positions than I normally
do. I've actually done well but of course still red due to the spy
system position. But in a way, thanks to the system I've been much
more decisive and nimble.
All my other long positions were stopped out in a timely manner
and normally I'd be watching things with popcorn. I am also doing
the multi and we may still get out of this OK, but it's been a real
lesson on mental fortitude. When the system gives an exit it will
be a relief. I am afraid of a small bounce and then further fall to
new lows before a larger rally...
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Your comment "nothing like the
Historical Draw Downs to the system
Posted by Vida on 9th of Aug 2011 at 01:07 pm
Your comment "nothing like the noose to focus the mind" is spot on! I've also had to trade much larger positions than I normally do. I've actually done well but of course still red due to the spy system position. But in a way, thanks to the system I've been much more decisive and nimble.
All my other long positions were stopped out in a timely manner and normally I'd be watching things with popcorn. I am also doing the multi and we may still get out of this OK, but it's been a real lesson on mental fortitude. When the system gives an exit it will be a relief. I am afraid of a small bounce and then further fall to new lows before a larger rally...