Tuesday, April 6, 2010

04/05 Daily Summary

I am revisiting my trading strategies and work commitments, as it becomes obvious I am not sticking to solid rules and have limited time to trade. For instance, closing out more than one position in 1 hour is turning out to be unrealistic, which is not good, especially if I’m busy and don’t have a lot of time to review all my positions before the long weekend, exposing to unnecessary risk like Today.
I’m thinking that in my case, while trading and working full time, “Less is more”. On the positive note, being able to flag that before it further impairs my trading is key. I might start exiting all the fast iron butterflies this week, and clean up my portfolio focusing on one position moving forward.

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