Katafin Week 10 -Don’t Invest With Emotion — Easier Said Than Done
What a week! As I assumed, the market had priced in an inconclusive result from election day and seemed to be excited about some level of gridlock in Washington. Investors like predictability. I decided to play it safe and on Monday I bought several positions and then in Tuesday I sold many of them and took money off the table. I have several put premiums that had gained nicely as had several of my short calls so I just sold them. In hindsight, if I had stayed put, I would have made more but why be greedy? I had already made my 1% goal by…