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One of the best trading books I ever read was Marty Schwartz's Pit Bull. My buddy sent me this piece from the book after I struggled the last 3 days. It is a good refresher to put me back in the mindset that allowed me to do so well in the first half of May. I am ready to roll this...

Good stuff KT. Let's make sure we are not one of the passengers. Tonight's action is once again the masters throwing bait in the water. Good for several handles on the long side but overall the trend is down.

No complaints on YUM short for me. I'll take what I can get. G8, QE3, etc..... all pipe dreams for those looking for a bounce. Sell in May and go away seems to hold up almost every time.

1275.25 is 200 day SMA. in this kind of market, not sure how relevant it really is. i dunno, for some reason this market weakness feels different then others in the past 3 years. almost feels like 2008 is about to repeat itself but what do i know.

flat 92, the worst 3 day stretch for me this month. time to walk away for the month before i piss everything away i made this month.

Dan, I feel your pain. Walk away until you can clear your head. It sounds like you are trading emotionally right now.

"bend over Mr. Babar"

look at volume on 5 min chart. tells the story. we are trading against a sell algo. hopefully we get big green volume bar on this current candle, not going to hold my breadth

overnight lows, fuk U big money

accumulating little buyers to royally fuk them again. i am one of them at an average of 98.25

i wonder if we get one of those whacky closes where the futures shoots up / dives 10 handles seconds before cash close. will be interesting for sure

more so being stubborn and trading what i think. i had a chance to get out 2 nights ago at a nice gain but instead got in my own way. it's never fun giving back money. the positive side to the story is had this been 2 months ago, i would have given it all back plus some. always learning...

fwiw, i am bidding 1302

the big guys are totally fuking with the little fish right now. as if they have not made enough over the last 5 trading days they need more.

lol, just frustrated that i gave back 1/3 of my month in 2 days. yes, golf is probably a good fix

premkt got the masses excited that market was going to bounce finally. they will probably wait until monday or tuesday just because they have not f'd with everyone enough already. fuk them.

well said and spot on

puked the rest. flat. i live to trade another day. i think the market makers got what they wanted but there will always be ops tomorrow and in the future to make it back. good night.

Why are you not enjoying IB? I have no issues with them at all. They are the best of any retail shop out there. I traded prop for 4.5 years and left in March. Unless you need the leverage and trade millions of shares / month, it makes no sense to go prop.

i have been short since March with a hedge. It's not important to you what that hedge is. what about you?