It was another choppy day. The market failed to con me for another trade as I was being strict on my entry now.
Looking back at the chart, I would have jumped into the YM trade again. Well, the setup was formed, and I did not know what was going to happen at the right side of the chart, so I placed my stop and …that’s it.
To be frank with you, I was not worrying about the trade went against me. My worry was “Will eCBOT exchange down again?” Seriously, I am kinda lost confidence of this “well known” exchange in the world. Small account trader like me, I have limited ability to hedge my position at CME. In 2006, I still need to worry about computer system down? That’s a shame. Well, forget it, just a random thought, there is nothing I can do if I still wanna trade YM.
I always have a thought that my fiancee will be a better trader. She is a lady with courage and patience. A lot of times in life, she is the one who holds me from making impulsive decision. I will be giving her a headstart in spot FX trading now, and some simple TA (well, after all, I am not a pro). Who knows, I can quit trading and write a book ” My wife, the trader” later. 🙂
Another day with full of random thoughts. The market keeps hitting me with small snow balls recently. My snow-wall is still strong enough to handle these for now, and I will get a chance to return a big smash back.