As I rightfully consider myself a beginner trader, I wanted to throw together some of my recent rants that perhaps have been echoed across by many amateur traders out there:
- I have just started taking overnight positions.
I may or may not have had nightmares (literally) of coming in the next day to see my book getting killed by certain positions.
- I have been building my knowledge base of technical indicators.
I have been on the verge of cursing and all together tossing out technical indicators as they are so inconsistent (or I am just not using them efficiently yet). I’m pretty sure I scribbled “MACD sucks!” on my notepad today.
- My PnL has been sucking.
Tomorrow, I’m either gonna kill it or punish myself by not trading. I said the same thing yesterday.