For the last couple of days things have not been great on Wall Street. Good!! I was looking for some stocks to pull back so I can get back in. Yet none of the ones that I track have pulled back to the point that I am compelled to jump back in. As I watched the prices bounce up and down today my mind started to play its games.
Should I change my buy price?
Maybe I should be tracking different stocks.
What happens is this is as low as it goes and then reverses and I miss out… again?
Maybe this is just the beginning of a bigger pull back and my buy prices are way too high.
I am going to feel like an idiot if this keeps falling for the next couple of days and I jump in too soon.
And the games and thoughts swirled through my head all day. And to think this is what I want to do full time in the future. Quite the day job and just trade. It seems like the perfect idea until my mind starts spinning on days like these.
Make the right decisions and it rains money. Make the wrong decisions and you get pounded. Simplicity defined.
Here’s to making good decisions and keeping an eye on your Everyday Money.