Greetings traders. I know its been a while, but I had to make this point as I'm confronted too often with this same problem in my own trading. There is NOTHING wrong with being flat. This means being neither long or short, having no open positions. Consider this. If your money was just sitting in a bank account somewhere, that's ok. Sometimes just let your money sit and look at it. Reaccess what it took to get it to where it is. Read a good book on trading. And get ready for the next big move. Have you ever overtraded to the point when an opportunity does finally arrive you have no money available to seize the moment. Frustrating isn't it? Don't let all of that hard work go down the drain with one bonehead decision to take on an unwarranted trade. Step away. Take a walk, and think about that money just sitting there.
Happy Trading!
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