Bill Cara is a expert who I respect deeply. If you don't follow his blog you should. Scroll down to CTAB trader’s conference call notes (link here) for today and read his reminder on "trading something". Here's an intro to the article... "Because trading is what we do for a living, the temptation is to “trade something”. However, trading for the sake of trading is not a justification to place your capital (or client’s capital) at risk."
It's a good reminder of not letting the itch to act consume you when you have a no-conviction idea but need to "get in the game".
Also, over the next week I will be posting an article that relates to this in some respects called "Trading on Tilt". Check back y'all!
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