4:00pm Well, it took me seven trading sessions, but last Tuesday's brain cramp and lone loss of the year has now been fully offset and I can get back to the business of growing the darn chip stack once again.
And while I'm surprised it took as long [recall last year's October mess -- which was the largest of my career -- was recovered in three days], I suppose I shouldn't complain too much given the often pathetic market pace the market has dealt us lately. And I swear today often felt like trading the Globex session at two in the morning as volume was pathetic with a capital P. Did they implement the trader tax already without telling us???
Anyway, the wound has healed and I'll try my darndest not to stab myself with the pen again. Losses are one thing -- a fully expected and budgeted part of the business. A stupid loss resulting in a week's worth of lost time is just that ... stupid. Let's hope that was the brain cramp for the quarter, if not the year.
Other than that, there's just not that much to say about the current market conditions, except that it's not ideal for traders who rely on strong market emotion. Headfakes are the current name of the game, and as such, I've been guarding my chips carefully over the past week. I'd post a chart, but picture a three-year old scribbling on an etch-a-sketch, and you get the idea.
Personally, I'm waiting for pocket Queens or better.
Poker night tonight ... and I've slipped from first to third. Got some work to do there too.