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Staying Positive after
the Summertime Doldrums
By Robin Dayne
Well I hope your summer went well and you had a great time
with the family while taking a vacation for yourself. Now
the kids are back to school and the Bar-BQ’s is winding
down. Now is the time to hunker down and get back to serious
As we all know in the summertime the market seems to shift
and this one was no exception, it was a rocky road in many
cases. Its personality did change and strange movements occurred.
The news up-coming elections and new changes in policy on
the horizon have everyone still on edge and our goal has to
be to stay positive. This is a lot harder than one would think.
This year we felt the added influences from the global effect
more than we have in the past and adjusting to the moves proved
at time to be a challenge. The lack volume showed in the markets.
Stand-in traders taking over trading desks were filled with
apprehensions and were less aggressive with smaller size,
this can be felt to the average trader.
So, if you have been trading for years you know all this
already and my point of this article is to really talk about
being positive. The reason is, year after year that summertime
tends to bring out negative feelings in general.
There is always an “I can’t wait till it’s
over” attitude and rightly so. The markets can be frustrating
and slow. Finding long running trends can be scarce and “choppy”
is said more in the trading room than in a Chinese kitchen.
(BTW – I love Chinese food, don’t you?)
So traders can look at this time and stay frustrated or they
can change their thinking if they used this break to their
advantage and re-charged. Summertime is always a great time
to fine tune strategies, exercise patience, spend time with
the family and relax and re-group.
I remember when I was in my late 20’s and was living
in Mexico City and I would fly from NYC to Mexico I would
look to sit next to interesting people for the long flight.
I would look for men who had great shoes and would try to
sit next to them. They always had great conversation to share.
I was flying one time from New York to Mexico City and found
THE shoes and when we got to know each other he told me he
was a Wall St. trader and he worked all year long and went
to Mexico for 3 months and than back to New York to trade.
I knew nothing about trading at the time. Trading for me was
harder and more foreign than the Spanish I had to learn at
While I was always good with numbers women really didn’t
have aspirations to go into trading in the 70’s. Yet
now looking back it must have left en impression as I still
remember how “cool” it would be to work 9 months
and rest 3.
Anyway I am really getting off the topic – forgive
me a senior moment.
OK being positive…it’s so important to not let
the summertime markets get you down. Staying positive is very
very important and I don’t say that ONLY to feel good
it’s down right healthy too.
We all experience stress at some point in our lives and trading
combined with stress is unhealthy in so many ways. Your body
reacts and works to protect you and when stress happens, you
can start to get symptoms. Ulcers, lack of sleep, skin conditions,
digestive problems, and a few more I forgot. Bottom line you
don’t want stress in your life and being negative can
It’s also not a good thing to trade being stressed.
Knowing your are stressed in the first part…..and coming
up with ways to un-stress can be very rewarding and beneficial..
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