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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (29116)7/30/1999 2:01:00 PM
From: Gary E  Read Replies (1) | Respond to of 44573
 
Out at 40 ,,,wanted 41.50 but Q crapped out
edit,,,should of waited for 42



To: John Pitera who wrote (29116)7/30/1999 6:24:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
<why are you so predisposed from trading this afternoon >

I track my trades. Friday is my worst day.

Morning is the best trade for me, so Friday afternoon I avoid if at all possible.

I'm an engineer by training. Things that repeat themselves have a weight on my personality.

I tend not to trade Fridays, definitely not Friday late, never Expiration Friday late.

Just a rule that I have.

I just don't do it. I get lucky one month, then go into the poor house the next. I just found that life is easier losing a few bucks on the golf course on Friday than trading.

For whatever reason, Friday afternoon <as a rule> kicks my butt and I am not going to fight it.