{"id":3441,"date":"2010-01-19T19:01:42","date_gmt":"2010-01-20T00:01:42","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=3441"},"modified":"2010-01-19T19:03:06","modified_gmt":"2010-01-20T00:03:06","slug":"vacation-is-over","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/vacation-is-over","title":{"rendered":"Vacation is Over"},"content":{"rendered":"<p>I am back from a week of vacation in St. John.  I am tan, a little trimmer, but not quite ready for the grind.  Ten minutes into the trading day my headset was sent flying at my computer.  Must have been a gust of wind mysteriously entering our trading floor \ud83d\ude42  Last week my biggest challenge was Diet Coke with a lime or an iced tea, play basketball or lift, the NY Times or Boston Globe.  WTF was with that FAST on the Open.  That was not cool and certainly frustrating.<\/p>\n<p>So ten minutes into my return I am marked down big on the illiquid FAST, my headset somehow survived the crash, and I took a deep breath.  It was now on. I was back trading. And I needed to leave the fantasy world of pristine beaches, immaculate food, nine hour nights of sleep, and playing with my Kindle- for the real world.<\/p>\n<p>One thing I did well was decrease my tier size since I had been away.  Your skills can get a touch rusty when you leave the market for a week.  So my loss right on the Open was not a big deal ($650).  I took a few deep breathes, heard Dovey calling out UNH, and left FAST for this prettier stock.<\/p>\n<p>UNH was a pretty easy short after its Open squeeze.  Caught that.  Back to flat.  MMR offered a consolidation set up that padded my results.  IBM below 132.50 in the After Hours was an A trade.  Watch this 132.50 level in IBM tomorrow.  So overall the finish to the trading day ended better than the start.<\/p>\n<p>It will take me a few days to fully get back into trading.  It is earnings season so I ought to snap out of my Caribbean funk quickly.  Gonna go now and see if I can find some freshly caught seared raw tuna and coconut rice for dinner.<\/p>\n<p>Long MMR, Long GERN, short bias IBM below 132.50.<\/p>\n<p>Best of luck with your trading! Don&#8217;t forget to f<a href=\"http:\/\/twitter.com\/smbcapital\">ollow us<\/a> on Twitter.<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/FAST-Open-1-19-10.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3446\" title=\"FAST Open 1-19-10\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/FAST-Open-1-19-10.png\" alt=\"\" width=\"554\" height=\"413\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/FAST-Open-1-19-10.png 554w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/FAST-Open-1-19-10-300x223.png 300w\" sizes=\"auto, (max-width: 554px) 100vw, 554px\" \/><\/a><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/UNH-Open-1-19-10.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3447\" title=\"UNH Open 1-19-10\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/UNH-Open-1-19-10.png\" alt=\"\" width=\"552\" height=\"417\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/UNH-Open-1-19-10.png 552w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/UNH-Open-1-19-10-300x226.png 300w\" sizes=\"auto, (max-width: 552px) 100vw, 552px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/MMR-1-19-10.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3448\" title=\"MMR 1-19-10\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/MMR-1-19-10.png\" alt=\"\" width=\"551\" height=\"432\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/MMR-1-19-10.png 551w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/01\/MMR-1-19-10-300x235.png 300w\" sizes=\"auto, (max-width: 551px) 100vw, 551px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bella discusses his trading today after a week of vacation.<\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,6,455],"tags":[225,18,64,124],"class_list":["post-3441","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","category-one-good-trade","category-trading_psychology","tag-ibm","tag-smb-capital","tag-tier-size","tag-vacation","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>Vacation is Over | 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\/vacation-is-over\" 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