Mental Fatigue? - Trading Journal (09.10.20)

This year when I finally got the opportunity to trade with more capital what I envision to take place started out exactly as planned, but recently I got trap in several bad trades and although they have yet to close the unrealized losses are significant. The thought process initially is to recoup the losses before selling the trades for that are still unrealized, but it has been difficult to focus on executing trades.

I may have to take a time out if the next trade turns salty as market is moving up and down on larger swings this past two weeks than in past months. Some interesting macro data I saw as I continue to read the headlines.

Corporations are kicking the can down the road with their own debt which is not ideal considering it means likely in the near future they anticipate more struggles to come. Markets may be forward thinking but if corporations are kicking their debt payments as far ahead as they can it may not be foreseen by markets since they do not look 5 or more years out.

Commercial rentals are in a free fall and not abating. Tax revenue and property values will take a significant hit in the future. How deep this will effect the economy has yet to be felt, and here we are with the markets near all time highs.

Reference Link

Residential rental payments have actually decline in the latest reported data. It was steady and rising from beginning of the year and during the first few months of Covid lock down likely do to government stimulus but now it has begun a decent. It will be important to revisit this data in the next month to see if another decline occurs which will be bad news for residential real estate as it is signs rental market weaken therefore likely lead to home values depreciating or flat line.

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