Be Careful When Your Routine Changes

I have a fairly set schedule each trading day.  But on Thursday morning  my routine changes as I have a pre-work obligation that changes my schedule.  I generally arrive at the office one hour later than usual and do not run the AM Meeting.  This change in routine has had some fairly negative consequences on my trading PnL.  90% of … Read More

When The Tape Changes

My expectation for the past week or so has been that AAPL would break to new highs and offer another 10-15 points of upside. So each day I spend some time thinking about how to best enter an AAPL trade so that I will be in a position of strength when the breakout actually occurs. Based on the price action … Read More