The American Energy Crisis: My Bad
The American Energy Crisis: My Bad
Trading is not like fighting with your spouse. There is no time to insist that you are right. Admit your mistakes, ASAP, and move on. Thankfully I did not have the confidence to be short (and when shorting, you REALLY must admit any error quickly or you won’t have any capital left to trade with in very short order). So some of my trader’s intuition was working. After all, we sold Oil rather than ride it down.