I had a lot of topics in mind when I was trading real-time and I did put placeholders as blog items for me to write tonight.
But reality sucks. I have piles of things to finish and it is already 10:47PM. So I have to delay to the weekend to write those topics. Those topics can take months to finish if I want to write seriously.
Instead, before the wildly expected Fed day, I want to shed some light on the interesting topic.
We are all expecting this day, don't we? Professionals and institutions were busy adjusting their positions on gold, oil, and whatever they have at hand. A lot of volatility already was shown this week, blended with tears and curse from bulls and bears.
And we all need a glorious day. Yes. This is THE DAY.
Bears say, the heck with market, let's SINK. I've been squeezed to death and tortured to hell. I've covered some, but I am not going to give up. I will fight to the last day, last hour, and last second. And this is the day to show who is the real daddy.
Bulls say, the heck with bears. let's KILL them. I've been trapped enough. Bottom is built, and this is the start of the new bull market. Yes. You bears fight with government. As stupid as it looks like to print more dollar bills, I just believe market is going UP. Oh. Yeah. Better never look back.
We ALL need a glorious day, isn't it? This is the day to prove I am right. This is the day of volatility. V day. D day. THE DAY! This is the day for our revenge, for our ultimate comfort of past misery of being trapped, being
deserted, and fooled.
All right. Let's think again. This is just another day. Market might V, might trend, might start sth.
But it is just another day.
As a trader, each day is a training day. It is a day for you to prepare the plan, execute your plan, and test your skills. The truth is, it is just one step toward your long journey of trading.
Each day, what you should judge yourself is:
Am I well prepared?
Do I have the skills to monitor volatile market and execute them?
Do I have prudent money management rules to effectively control my risk on such days?
How well I executed my plan? (Whether that plan is to go into the fight ring, or do simulation, or just stay aside and go fishing)
What I learn from this day? (Whether it is TA, or FA, or execution skills...)
YES. Never forget, each day is a training day. And your focus is to become a better trader each day.
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