Tedium on Wall Street provided an excellent backdrop for some finely nuanced reasoning and a couple of ‘Aha!’ moments during this session. Disciplined thinking is essential to the process of turning one’s Hidden Pivot knowledge into street smarts, and that is why we should take pains to think through every trade thoroughly, even trades that have not worked. Pay particularly close attention to the reasoning behind a scalp-trade we considered in Google, since it contains some useful ideas for making money on even the most trendless days.
