2 min read

Slow & Busy Week

This week hasn't gone as intended.

First, I've traded Monday only and then I haven't really had the time to do so because I've been busy traveling with a different time zone. I did prep two days but the trades didn't go as expected so I just didn't enter any contracts.

Now, there is nothing wrong with having a slow trading week, it's better to not do anything if you can't give it your full attention. I guess this applies to anything in your life, some might disagree; I digress. Trading uninformed and unprepared is the fastest way to blow your account.

I do want to address the ETN analysis I performed earlier this week, and the charting was a total fail haha.

I was really excited for that charting to work, but it didn't. Maybe I didn't do it right? The absolute opposite occurred and I found it more comical than anything else. I do want to eventually be able to nail one of those though so I'll try again later in the future (next week)

Monday should be interesting. Today (Friday) we closed out with the below:

We see that the Technology sector was booming today, a $5.83 change in one day for an ETF is ridiculous. I am very hesitant on riding a big wave like that when it's at its peak, but I said that in my last analysis, and truly, it might've been a huge win then.

For Monday I will prep from a technology angle, and probably discretionary. However, I won't stay too committed to my choices for Monday since I haven't really been too close to the market this week.

This weekend I'll continue to explore the charting I mentioned above as well as trade logins, so far tradersync has potential, but I want to ensure it's automated as opposed to me uploading reports on a weekly, monthly basis.

The week was slow for the market for me, but my personal life was too busy and I didn't want to have a bad trading week. Life happens, the market remains, the opportunities remain, and my strategy still lives on.