It's been awhile since I've posted about the market and my trading. This is due to the fact that I have been in a funk with my trading as of late. It probably would have been better for me to post about this as it was happening, but instead I just didn't want to think about it.
I've been trying to following the Nocona RSI (5) system and seem to get the wrong end of the trades. Of course it still seems to be working, but I'm either stopped out or I jump in on the few drawdowns it incurrs. Great. Anyway, the market went up up up and I was short and then when I got out I just kept watching the market rise while not playing the long side. Currently, I'm trying to go short again with the Q's around 42. 42!!!!! are you kidding me! My biggest loss was just a while ago while I held the 42 calls...those would be worth a bundle right now. Oh well. Live and learn.
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