I had a conversation with one of the traders on our desk end of month congratulating him on his improved performance and inquiring on the reasons for it.
We sat in my office and I congratulated him on improving from consistently negative to flat for the month. Come again Mike? Why is that something for which to congratulate a trader? I thought the purpose was to make money?
Those of you who read my blog are aware that I view consistently negative to flat as a significant step. It is. Most never get here (to flat for the month) as a trader. Granted we want better than flat, but you rarely see a trader go from Read more […]
SMB Capital – Day Trading Blog