Wednesday, December 9, 2009

Bane of emotions

I have been trading for a long time now. Today was a day when emotions took over sound logic. We had a few nifty futures positions built yesterday. The positions were doing fine, they still have not given a signal to jump the ship but i did. The way euro and other currencies were going down and the so-called risk aversion that all media are hyping about cracked my resolve and there I am sitting now with no position! I am quite sure tomorrow it will jump up, now that it knows I am not there for the fanciful trip. If I get a chance to board it is gonna be at a higher price making me jittery. Hope I do not repeat this again.

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