{"id":445,"date":"2009-03-16T16:07:07","date_gmt":"2009-03-16T21:07:07","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=445"},"modified":"2009-03-16T16:07:07","modified_gmt":"2009-03-16T21:07:07","slug":"dipping-my-toes-back-into-the-water","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/dipping-my-toes-back-into-the-water","title":{"rendered":"Dipping My Toes Back Into the Water"},"content":{"rendered":"<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/xlf-03-16-09.bmp\" title=\"XLF 03-16-09\"><\/a><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/jpm-03-16-09.bmp\" title=\"JPM 03-16-09\"><\/a>Last week I was in St. Martin working on my tan. I definitely have the best tan on the desk and by far. Of course the week I am away the market rebounds 1000 points. It was like they knew I was taking a vacation. So today was my first day back and I treaded lightly.<\/p>\n<p>So I missed all of last week. I traded an easy stock. I traded with manageable size. I traded <a href=\"http:\/\/www.smbtraining.com\">easy setups<\/a>. This is how you get back into the game.<\/p>\n<p>It will take me a day and a half to get my feel back. Until I do I must make adjustments. And today I did. I traded JPM. GMan mentioned during our AM Meeting that XLF 8.40 was an important level. I noticed on the Open that JPM would not trade below 24.25 unless XLF was below 8.40. I noticed that JPM could not trade above 24.50 unless XLF was above 8.48.<\/p>\n<p>And then I just waited. I caught a quick short when XLF traded below 8.40. I caught a nice upmove when XLF traded above 8.48. I stuck with very simple trading plays. And this is how you do it when you are returning from some time away.<\/p>\n<p>It was good to get away for a week. Seems like our desk had a nice week while I was away. I wonder if they wished I would have stayed away longer.<\/p>\n<p>Best of luck with your trading.<\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/xlf-03-16-09.bmp\" title=\"XLF 03-16-09\"><img decoding=\"async\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/xlf-03-16-09.bmp\" alt=\"XLF 03-16-09\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/jpm-03-16-09.bmp\" title=\"JPM 03-16-09\"><img decoding=\"async\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/jpm-03-16-09.bmp\" alt=\"JPM 03-16-09\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week I was in St. Martin working on my tan. I definitely have the best tan on the desk and by far. Of course the week I am away the market rebounds 1000 points. It was like they knew I was taking a vacation. So today was my first day back and I treaded lightly. So I missed all &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/dipping-my-toes-back-into-the-water\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[4676,29,30,18],"class_list":["post-445","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-day-trading","tag-prop-trader","tag-prop-trading","tag-smb-capital","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>Dipping My Toes Back Into the Water | 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\/dipping-my-toes-back-into-the-water\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dipping My Toes Back Into the Water | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Last week I was in St. Martin working on my tan. I definitely have the best tan on the desk and by far. Of course the week I am away the market rebounds 1000 points. It was like they knew I was taking a vacation. So today was my first day back and I treaded lightly. So I missed all ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/dipping-my-toes-back-into-the-water\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-03-16T21:07:07+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2009\/03\/xlf-03-16-09.bmp\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script 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