Monday, April 14, 2014

Friendly Personal Self Reminder


I will be looking most likely to be sticking to the SPX short, but if the IWM or QQQ show potentially good risk-reward set-ups based on resistance levels, I might consider to take them out on a date as well.

It is not easy monitoring the different indices. As related as they are, they don't behave the same way day to day, hour to hour, making them imperfect substitutes of each other.

For now, I will try to stay disciplined and STFR comfortably, until we reach the 200 DMA. I'll see how things go then, hopefully I don't get shaken out by my nerves and the volatility!

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