Friday, January 8, 2016

Good News Is Bad Again 1-8-16

The December job report was a blow out of 290K vs 200K expected. Futures popped initially then faded out during the session. Today's price pattern is similar to yesterday: sell off at closing. It was another 1+% down day.

I didn't follow my plan well. I didn't reduce my margin rather increased it. It's the same weakness of discipline issue. I am lacking of focus on process of excellence and consistence. Improving in these areas will be my tasks of next week. I must bring the risk levels back to my plan.  

No comments: