{"id":166,"date":"2008-10-13T18:02:46","date_gmt":"2008-10-13T23:02:46","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=166"},"modified":"2009-06-03T11:12:46","modified_gmt":"2009-06-03T16:12:46","slug":"live-to-see-another-day","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/live-to-see-another-day","title":{"rendered":"Live to See Another Day"},"content":{"rendered":"<p>There&#8217;s one thing that Bella always says: \u00a0The trading day doesn&#8217;t end until 4PM. \u00a0That&#8217;s especially true with markets like the one we&#8217;re currently in.On Friday, I was having a very rough day. \u00a0What was even more frustrating was that I was underperforming. \u00a0I could not believe that the type of day I had envisioned months ago was the day I would have the most frustration trading. \u00a0I got stopped out twice on Friday, and I was on the verge of almost going home at three different points of the day. \u00a0I was trying to be patient, but nothing was working for me.Going into the close, I was hoping the market would pick a direction and begin to move in that direction. \u00a0Up or down, it didn&#8217;t matter to me, as long as it moved. \u00a0If the market moved lower I was going to short RIMM below 50. \u00a0And if it moved higher I was going to buy AAPL above 94. \u00a0Needless to say, the market moved higher and I ended up trading AAPL on the long side. \u00a0I focused on just making one good trade at a time. \u00a0Within minutes I had made back all the money I had lost earlier, and finished positive on the day.Today was another day where I grinded it out during the day to catch a nice upmove into the close. \u00a0There&#8217;s so much money out there on the open, but you have to understand that even if you don&#8217;t maximize on the opportunity at the beginning of the day, you still have the rest of the day.The next time you&#8217;re frustrated with your trading, and feel like you&#8217;re trading poorly, you have to have the sense to take a step back and tell yourself that it&#8217;s a long day. \u00a0Be patient and wait for your opportunities.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s one thing that Bella always says: \u00a0The trading day doesn&#8217;t end until 4PM. \u00a0That&#8217;s especially true with markets like the one we&#8217;re currently in.On Friday, I was having a very rough day. \u00a0What was even more frustrating was that I was underperforming. \u00a0I could not believe that the type of day I had envisioned months ago was the day &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/live-to-see-another-day\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":167,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[30,18,301],"class_list":["post-166","post","type-post","status-publish","format-standard","hentry","category-trading_theory","tag-prop-trading","tag-smb-capital","tag-trading-blog","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Live to See Another Day | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/live-to-see-another-day\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Live to See Another Day | SMB Training\" \/>\n<meta property=\"og:description\" content=\"There&#8217;s one thing that Bella always says: \u00a0The trading day doesn&#8217;t end until 4PM. \u00a0That&#8217;s especially true with markets like the one we&#8217;re currently in.On Friday, I was having a very rough day. \u00a0What was even more frustrating was that I was underperforming. \u00a0I could not believe that the type of day I had envisioned months ago was the day ... 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