Wednesday, December 10, 2008

More chop - back to sidelines

This has not been a good month for me. The last two months I broke even so I was beginning to doubt whether I could make money in this high volatility, increasingly unpredictable market. I overtraded the first week of December. The setups I was taking actually were fairly good, but everything I touch isn't working right now. Either I'm off or the market is off, either way I need to stop for a while and preserve my capital. I've learned that one of the paradoxes to trading is that the harder it is, the less rewarding it is.

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