THE GREATEST BOOK ABOUT TRADING YOU WILL EVER READ , The Russel Journal Nightly Update
The day started good for me with a more than 10 gain on a single trade. As the day went on I mostly ignored the market but late in the day I checked in. IWM had gone up above 202 dollars and now was pulling back in around 201. I the averages were slumping with faster averages falling under slower ones and the RSI still above 60 I thought for sure this thing is ready break to the downside. I grabbed a put. No sooner was my order filled when the whole thing broke to the up side. It had been a bear trap, it s weird to think the market had been waiting for my to put my short on most of the time the market does what it does and doesn t give a fuck about you but this yeah they were waiting for me, me and a few others. I ve learned a few lessons today and I closed the day barely up 5 but none the less. There is a book I read called Reminiscence of a Stock Operator. I ve on my 4th pass through this book and I am convince it s the only book you ever need to read a
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