Atainment of Perfection

I'm doing a mediation on perfection this morning.


"All of you are perfect just as you are and you could use a little improvement".

Shunryu Suzuki-roshi

In my mind, I believe I can Trade Perfectly, Catch the exact bottoms, and sell the Tops.

I know this is impossible, and beliveing this causes suffering.

When a position reverses on me, as it did yesterday. That panic emotion builds, and gets worse and worse, as we retrace from a new low, Retrace the entire distance pluss some (100+% retracement).... I get sad, and paniked... But a confirmed Reversal is:
a new low,
A (100% reversal)
a higher low,
and a higher high.

we are only 1/3rd the way through this process.

I am always humbled when I can see within a few points on the S&P, targets for moves. I also know that I can't chase every move by the market.

One can respond to panic, or to greed, but to sucome to those emotions in tradeing will only reinforce those emotions, and potential to continue react to emotins.
it is important to stick with trading plans.

It saddens me to have missed covering and reshorting the rally, but the loss of unrealized gains, will pay 7 fold in not reacting emotionaly to the market. had I covered tuesday, as was my impulse, I'd be in the same position as I was at the close today. I continue to believe that the rally was more an emotional short covering rally, and not a more segnificant move in the market.
As I say..... Corrections are Healthy, Even when they move against you.