{"id":8283,"date":"2010-11-09T17:40:11","date_gmt":"2010-11-09T22:40:11","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=8283"},"modified":"2010-11-09T17:40:11","modified_gmt":"2010-11-09T22:40:11","slug":"i-have-had-better-trading-days","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/i-have-had-better-trading-days","title":{"rendered":"I Have Had Better Trading Days"},"content":{"rendered":"<p>Well I have had better trading days. \u00a0I traded RIG on a breakout to the longside. \u00a0Drop out, stopped out, ripper. \u00a0I got<a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/sun-rising.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-8285\" title=\"sun rising\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/sun-rising-300x298.png\" alt=\"\" width=\"300\" height=\"298\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/sun-rising-300x298.png 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/sun-rising-150x150.png 150w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2010\/11\/sun-rising.png 302w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>short AKAM on the breakdown. \u00a0Buy the new low program, squeeze, stops triggered, ripper. \u00a0RIG broke to the upside again, I got real long, reversal, ripper. \u00a0I got long AKAM after a reversal, very long, reversal, then ripper. \u00a0Into the close I got short SPG with the real estate weakness. \u00a0Nice, good, in the money, and then reversal in the last 15 minutes, ripper. \u00a0Did I mention I have had better trading days?<\/p>\n<p>Should it be a bottle of red, a pizza, and a rental movie tonight to forget the wreck that was today? \u00a0Nah but it felt that way watching my scoreboard, getting stopped out, getting reversed not once, not twice, not three times, not four times, but five times. \u00a0Ok so what was going on here?<\/p>\n<p>I have been trading best after the Open. \u00a0I have been struggling on the open. \u00a0Stocks In Play are not really trending until after the open, so I have been caught in numerous reversals pre end of the open. \u00a0Into the close you have to respect the cover into the close move with a sector down so much.<\/p>\n<p>So on the open it will be don&#8217;t trust the trend until the end of the open. \u00a0It will be save your bullets for the time period most profitable of late. \u00a0It will be no stupid nonsense in the last 15 minutes of the close.<\/p>\n<p>The point here is that I made mistakes. \u00a0My losses are a result of controllable adjustments by me. \u00a0Stupid. \u00a0I know better. \u00a0But now what? \u00a0Look in the mirror. \u00a0Make adjustments. \u00a0Find solutions. \u00a0Move forward. \u00a0Great thing about today was the weakness in the real estate sector across the board. \u00a0Maybe tomorrow or later in the week will offer some more opportunities here.<\/p>\n<p>Mike Bellafiore<\/p>\n<p>Author, <a href=\"http:\/\/www.amazon.com\/gp\/product\/0470529407\/ref=s9_simh_gw_p14_d0_i1?pf_rd_m=ATVPDKIKX0DER&amp;pf_rd_s=center-2&amp;pf_rd_r=02ZF11R7B74VCNBWHE5P&amp;pf_rd_t=101&amp;pf_rd_p=470938631&amp;pf_rd_i=507846\">One Good Trade<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well I have had better trading days. \u00a0I traded RIG on a breakout to the longside. \u00a0Drop out, stopped out, ripper. \u00a0I gotshort AKAM on the breakdown. \u00a0Buy the new low program, squeeze, stops triggered, ripper. \u00a0RIG broke to the upside again, I got real long, reversal, ripper. \u00a0I got long AKAM after a reversal, very long, reversal, then ripper. &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/i-have-had-better-trading-days\" 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":[4674,18,1193,653,1354,1349],"class_list":["post-8283","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-one-good-trade","tag-smb-capital","tag-trader-education","tag-trader-training","tag-trading-coach","tag-trading-mentor","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>I Have Had Better Trading Days | 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\/i-have-had-better-trading-days\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I Have Had Better Trading Days | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Well I have had better trading days. \u00a0I traded RIG on a breakout to the longside. \u00a0Drop out, stopped out, ripper. \u00a0I gotshort AKAM on the breakdown. \u00a0Buy the new low program, squeeze, stops triggered, ripper. \u00a0RIG broke to the upside again, I got real long, reversal, ripper. \u00a0I got long AKAM after a reversal, very long, reversal, then ripper. ... 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