Thoughts + Project Lehman

Today, I got my case for my Project Lehman build.  I am very amazed at the craftsmanship and design in today's cases.  I can't remember how long its been since I had a desktop.  My last one was a Pentium III in the old school beige off white colorway!

Anyhow, I am marveled at what the world has become, how we have shifted into a digital world.  I told myself this would be a slow build, but I dunno if I am that patient.  As of now, I am still researching the necessary components, but this build is for the experience and fun.

I've just ordered the fan upgrades.  So it should be good and keep me busy.  I gotta remember that this is a slow build.  I'm not sure which route to go though, but this will probably be a mid lower tier build.  I would at least like to run the ivy bridge chips though.

On the other side of things, I feel a bit weird.  I need to be more positive and just let things go..  I want to be there for my fam, but I am torn.  It's good that my sibling get to see the world, and perhaps it'll help him understand and appreciate things more.

I know I want to go w/ him, but I have to sacrifice and anchor home.  Being a leader, and a manager means sacrificing.  I just hope others understand.

Stock Short

The picture does the talking.  Yesterday was Tuesday.

The question is, what do I do now?  Do I book my profits?  Let it run? Scale out?

I am watching the bigger context, but there is no doubt in my mind that this trade has proved favorable and is targeted to fall further.  I want to capture that movement though, but I won't chase ticks.

She told me so.

As of 3:12 EST (New York Time), I've sold out of my longs for a profit and initiated a short.  This stock missed today's rally and is weak in its sector.  I'll hold it over night assuming all risks as this is my game plan.

Remorse is the worst feeling in trading, and even as I watch my LONG go higher, I should be content and realize that my intra-day move is what allowed me to profit.

Pattern reading tells me, tomorrow will open red, but we shall see.  I don't call it, but I anticipate it.  But the most important thing is my reaction.  Whether it goes with me, or against me, I need to know what my next step will be.

In light of it all, the past few weeks have been the best trading of my young career.  Discipline and understanding goes a long way.

Fate

I don't know where to categorize this, but I just feel mellow.  I feel super down, but not in the spirited way.  It seems like my focus and mindset has drifted away into something else.

I know what it is though.  I just wish to have a second chance.  It's really not worth taking stupid risks.  Sigh.

What does she say?

What the tape says, what the market does is very important.  One must look at the different levels and context of trend and direction.  Price action as they call it, is also important.  Even so, none of it matters.

To keep it simple, the path of least resistance. 

I have booked profits for the day and closed out my LONG.  I am positioned and shorting into the weekend knowing what the risks are.  This is my reading of the tape and this is an exposure I will accept.

As always, don't over think it, just trade it.  What's important is how you react to something when it doesn't go your way.  I am ready both ways.

I think I'm being too harsh on everything.

Tape

Tape reading.  I'm sitting here, reading the tape. A downward slide and fear.  Why?  I don't know, nor do I care to reason.  The tape, the price is all that matters. 

Oil is below $80.  I would suggest this to be a better indicator than a 2% drop in the indices.  Still, it matters nothing to me, as I just trade the tape.

Anyhow, my trading stock exhibited much strength, but still followed the downward path.  I was caught in the typical pendulum thought process again.

Large upward trend in tact.  I'm not dazed by it just yet.  Therefore I am LONG into Friday.