September lives up to 'rep' as worst month for stocks

September did little to change its reputation as the worst-performing month of the year for the U.S. stock market. After a run to a new record high on Sept. 18, stocks have been going down and finished the month in the red.

The Standard & Poor’s 500-stock index fell 1.6% in September, dropping from 2003.37 to 1972.29.  The Dow Jones industrial average dropped 0.3%, the Nasdaq composite plunged 1.9% and the small-cap Russell 2000 index is off 6.2%.

My account balance is 2K less than the balance on Sept 18th..

 

It is a positive month for me! 

 

 

Well. I'm not in a hurry going back trading yet. Actually I'm feeling good not trading anything.

 

 

 

Haha...

  After the mistake is made, I start to think why I didn't book the profit yesterday.  What did I do wrong?  Then I think I will learn it next time,  But NOT.  :-)

 History repeats. LOL. I will do it again and again in the future.

  It is a stressful week.  I'm happy now that the mistake is not costly and I still have a winning month.  Now I don't want to watch the market at all, period.

 

Lesson to learn.

   Yeah... I just turned over 5 digit gain from yesterday to $-918.  All cash now.   hmmmm.  don't be greedy. That is so true.



  Anyway, it could have be a winning week and turned to be a losing week.  I still made money in Sep,  I guess it is better than nothing.

  I'm done for the month.

Tomorrow up?

I hope so and I'm holding long positions for one or two more days!

Next Week!

A good habit. :-)

 That is what I have been doing for years on Saturday morning. :-) I will spend some time to review my trade and the market condition.  I did pretty good with the emotion control this week and I was able to hold NQ futures from 4014 to 4100.  I think the trick is totally ignore the noise.  (YES, but it is not an easy thing to do. For instance we had the Fed meeting announcement on Wednesday this week. Check the chart then you will know what I mean! )


I will continue working on the emotion control by exercising at the GYM and focusing on my daily work and cooking good food and so on. I'm happy to see the positive return from my effort.


By the way, history does repeat itself in the market.  Give you some hint: Why did we see gap up yesterday and then the maket closed flat and NDX negative (-13)?


Ok, I will repeat what I did before until it doesn't work anymore. :-)

The goal for the September is reached.

I think I can relax a bit for the remaining days of September. It is the best week for September.




When I don't make money, I don't want to lose money.  That is my rule.




Have a nice weekend.