Hooray for Not Trading!

This last week Dave and I did a seminar in Scottsdale, Arizona. Beautiful weather, some of the best traders we've ever met, and NO TRADING! The market was in a corrective phase after a big USD selloff. During this time, our systems show some trades but they're mostly low probability opportunities and we just passed on all of them.

So why am I jumping up and down on the couch at the Kierland Resort after a week of NOT TRADING? Because it felt good to let all the low probability trades pass by, and just wait for next week when some great trades will start to set up.

Sometimes it feels better to avoid trading.

Posted by Rob on December 8, 2006 12:10 PM | Permalink

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