Friday, March 9, 2007

1:42pm EST

Another day where the market is starting to weaken as we head towards the close.

One little piece of advice for anyone currently in a trading slump. Cut your size drastically. I'm taking about the initial size that you start positions with. And then, trade EVERY idea that you have. And, as always, cut your losses quickly.

If you stand and watch the market for too long you may never get your mojo back. That's not to say that a day off here and there isn't a good idea. It's just that when you take days off, take them OFF. Leave your desk, go take some deep breaths. Listen to the birds sing.

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