Well June has been a very busy month for us at home. We have had a bunch of home renovations going on this month as well as my daughter bringing home a nice stomach bug.
I tried in the beginning of the month to much through with trading to continue to make the profits, but I found that all the distractions of construction were not allowing me to keep my head clear and devoted to stocks. I know that Barrie from Trade Ideas Free Trading Room has had a year and a half of construction going on and he still trades well. My hats off to him.
These are all learning experiences. I know now that when there is construction or home maintenance or renovation going on it is best for me to step away from my trading desk and simply watch.
Just like when my health is not feeling 100% it is not worth it to force trading.
So for this month with minimal gains I am standing by the sidelines while home renovations occur.
It is very tough to be away from my desk, from you and the whole trading community. I really love this job, but I want to give it my 100% and not give back profits because I’m not feeing up to par.
All that being said I will probably be trading more part time the rest of the month as we have more renovations coming. When you hear a backhoe tearing into the ground and unintentionally touching the side of your house you begin to wonder….Are they doing more damage than good. That is not a healthy thought process if in the middle of a trade.
For now when I am feeling 100% devoted mentally I will be trading until then on the sidelines watching.
All this to say if you see a change in your trading analyze not only your trades but what is going on in your life. What changed? Is there a personal issue that has come up that is tying up brain power?
Think of it like a CPU for a computer. If all of the energy and memory is being devoted to running a high powered modern software it is no wonder the rest of the system is slow and sluggish. Once that software is closed then the computer can run back a high efficiency.
I do miss the intraday trades, but when I’m not 100% I know not to force it now.
As always I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you have questions or comments you can contact me here or on Profitly, Twitter, Instagram, LinkedIn and Facebook.
This blog is for information purposes I am not a registered securities broker-dealer or an investment advisor. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund.