Traders Laboratory - View Single Post - Reminder: Monday, May 28th US holiday
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Old 05-25-2007, 11:15 AM
ItalianSharp ItalianSharp is offline
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Re: Reminder: Monday, May 28th US holiday

First of all, I didn't recommend anyone to not trade today. I will never recommend anyone on a public forum, I am not the type of person to make those calls.

I said it wouldn't be a bad idea just in case you are having a good week, which means you've reached your weekly goals or possibly exceeded them.

What if you're having a bad week? It depends on whether you want to close the week on a good note or postpone everything to next Tuesday.

I would personally monitor the markets and only trade high probability setups with half the size I normally use.

Don't forget that we've just had Existing Home Sales an hour ago and the decent popup was likely due to the news.

I'm curious to see what the afternoon session will produce.

As you can see, although I am not trading I am still watching the markets. I am very happy with my recent trading results and I just decided to give myself a long weekend as a little treat for my good trading.

Taking days off is one of the most regenerating things a daytrader can do.

No recommendation, just a personal belief.

Good trading

IS

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