Crunch Time

I feel like I'm back in law school this week with my first year law exams ahead. The reason? I have only a few trading days left before the end of the year and if I'm going to beat the S&P 500 I have a very short period of time to do it in. As many of you know, I'm still underperforming as my cash position continues to be a giant albatross.

While I did well in law school (1996-1999), I was a serious procrastinator back then. At the time I was trading full time (after all, that's where my passion was and still is) and more often than not I ended up learning a semester's worth of material in just a couple of days right before the final exam. Since law school exams count for 100% of your class grade, it provided for a tremendous amount of stress and performance pressure. Looking back at that time period of my life now, I'm amazed that I even managed to survive.

All of us have to dig deep inside to make good things happen when push comes to shove. My game plan for the next 10 days is to do exactly that. Hopefully you're well ahead of the game by now and can afford to take it easy for the remainder of the year. For the rest of us, let's make it every trade count!