Thursday morning update:
What can I say, other than the day trading remains excellent, although labor intensive? Several trades on both sides have worked, but I wish I could see volatility temper some, so that I can hold winners longer (especially shorts). The intra-day opportunities, combined with strength again in the yen, have pushed accounts to all time highs today. All in all, it might be better that I'm in/out, rather than get married to a theme. When emotions get involved, we get destabilized very easily in an environment like this, and that hurts our ability to take the next trade. Discipline has never been more critical to a trader's well being than the last couple months. Stay nimble.
Trading accounts equity less than 0% from all time highs set on 10/16/08. (includes open positions)
