I remember a time (not too long ago) when I would return home from my morning walk along the beach – excited to see how the markets where behaving.
Ahh the good ol days, when I’d get back to the house eager to pull up my charts and see the profits. Seeing the market moving “exactly as I anticipated” and revel in the knowledge that “I’ve got this thing figured out”.
When things have traded sideways for this long…those days are now few and far between.
I’ve weathered the storm countless times throughout my career, and have endured extended periods of “nothingness” before but…..this time……this time has been nothing but a cruel exercise in both “patience” and “self-discipline”.
Frankly….I can’t remember the last time I came back to the computer and saw anything of interest. Just day after day of the same “up and down” intraday shakeouts. The same flatlined “nothingness”. The same ol day-to-day “grind” as price action essentially grinds to a halt.
It’s dull. It’s boring. It sucks the life out of hopeful traders looking to “catch a trend” when all they continue to see day after day…..is the same ol thing.
At least for those of us who’ve “seen this all before” one can take solace in the fact that these extended periods of “nothingness” are almost always followed by periods of “somethingness” ( however short ) and that perseverance, patience and self-discipline always pays off in the end.
We can’t make the market move any faster,
We just plan to be on the right side of it when it does.