Headed for the Beach!
I’ve talked before about when not to trade, but it’s time for me to do that for a different reason - VACATION! So, I’ll be stepping away for the next week or so to put in some beach time and R&R. I love to trade and always enjoy staying connected to the market, but I think it’s a good idea a few times a year to get away and have some fun to recharge your batteries. The market will be there when I get back, and the trip will be a blast. Needless to say, there will be no posts while I’m away, but when I do return I’ll be starting my next series which came by request!
Stay patient out there, stick to your disciplines, and trade well. If you need some quality reading material, check out The Kirk Report, TraderMike, or some of the StockTickr Interviews. See you soon!
Jeff White
President, The Stock Bandit, Inc.
www.TheStockBandit.com
Technorati Tags: Trading, Stock Market, Kauai
[…] At times, you’re going to be better off just not trading at all. For some, it’s the first few minutes of the trading day or the very end of the session. For others it’s when you have personal distractions, such as during the holidays when family is in town, or when a life-changing event comes along. Some traders just can’t stand to trade during the light-volume summer months. Whenever your least-favorite trading time happens to be, it’s up to you to identify it and avoid it. Shutting down the PC during that stretch will keep your mind clear as you avoid any confusion which would result from your trading activity then. You’ll be preserving your trading capital (Goal #1) instead of adding to your broker’s bottom line while your account stagnates. Take a trip. Go tee it up or scratch some things off your to-do list. Just find a way to take a break so that you don’t trade when you know it isn’t your ideal time to locate profits. […]