I have a question: Why do I refuse to allow a single stock; (today it was AAPL, with a touch of WMT) dictate my broader market trading?
Days where this happens are one of the two types (of trading events) that still bring strong emotion to me. I feel ignorant watching what is unfolding, and refusing to change my positions/rules. If I wanted to trade AAPL i would trade AAPL.
This is one of my weaknesses; I seem puzzled as to why the broad market seems so fixated on a single issue. Each time this happens I get frustrated; yet I have refused to create rules for this scenario.
SO, do any of you have some strategies to deal with a 'Fixated' market?
I just had an idea; Maybe I should hedge my positions with the culprit issue?
Days where this happens are one of the two types (of trading events) that still bring strong emotion to me. I feel ignorant watching what is unfolding, and refusing to change my positions/rules. If I wanted to trade AAPL i would trade AAPL.
This is one of my weaknesses; I seem puzzled as to why the broad market seems so fixated on a single issue. Each time this happens I get frustrated; yet I have refused to create rules for this scenario.
SO, do any of you have some strategies to deal with a 'Fixated' market?
I just had an idea; Maybe I should hedge my positions with the culprit issue?