From time to time I'll post things about how I've improved my behavior. They will be listed under IMPROVEMENTS
What I've found about trading is that the game is more mental and will toll on the trader's emotions.
The market's price action on Monday notched another green candle. But the $SPX 1050 level could prove to be resistance moving forward. I am patiently observing Tuesday's movement to gauge whether the market will continue moving down, and if that is the case - the bears could probably resume their momentum and I'll continue to build up short positions.
What I've learned from some of Monday's trades is that I've finally garnered the conviction to hold my positions for a few hours longer than normal.
Monday's IMPROVEMENTS
-I blanketed a few shorts (small position size) and held them until my unrealized profit was substantial.
-I was decisive enough to take my position at what I believed to be a market top for the day
- I was not biased in my bearishness
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