Compulsiveness

I bought the Yen yesterday but it closed bad so I closed my position. And it opened big today. Once again I was "talked" out of a position. I am going to try to analyze this behavior this weekend.

But my mechanical system that we are paper trading has done quite well. This system I developed takes hours to fine tune, but I think that I work better on a system that there is no thought involved once the buy or sell is generated. When buying in the futures market there is so much gyrations, at the moment, I can't seem to grasp the underlying theme.

I bought an SP index because of the exposure to oil companies and that it seems to have resistance in the 1510 area. It is down big this morning. I am shocked. I expected, maybe, a little sell off but not like that. Is that the end of the near term correction and a possible rally? Or will the market drop another 10-20 points today.

I speculated on APA CNX LCC . Things don't look good for me. I went on a gambling buying spree yesterday but strangely I slept well. Usually, I get nervous when I feel uncomfortable with a position that I placed. That is why I hate gambling. It's too immediate and my mind blocks out the more pleasant things in life.

I am sticking with my decision to own the SP500 index. I think there might be another sell-off, but very short term a rally is imminent. It's still a bull market.