This column was originally published on RealMoney on July 29 at 3:00 p.m. EDT.
I'm taking a vacation next week for the first time in more than five years. Unlike my previous forays away from the trading turret, I will not take a laptop with me to track my positions while I pretend to relax. Instead, I'll be working hard at not working.
I am so committed to unplugging that I've closed out all my positions. I'm flat. I could have just opted for protecting existing positions with stops -- play the upside while limiting the downside.
But that wouldn't work because I would still be preoccupied with my portfolio: Did I get stopped out? Should I raise my stop to protect profits? These are the questions that would serve only to increase stress, not relieve it. I plan to return with more energy and a fresh perspective. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.07 | 2,180.05 | 34.87 |
Oil *
73.22
|
|
DOWN
132.86
|
DOWN
13.11
|
DOWN
26.86
|
DOWN
1.09
|
10 Yr
3.49%
SPDR Gold
107.34
|
|
-1.27%
|
-1.18%
|
-1.22%
|
-3.03%
|
Data delayed 20 minutes |


Connect with TheStreet