Stock Doc: Facing Fastball Pressure
The opening day of my semi-professional baseball league last Saturday presented me with my first live pitching situation since last year.
While I was mentally prepared for the start of my fifth season in this competitive league, weather constraints over the past month had limited practice sessions to indoor batting cages.
The opposing team's first pitcher was decent, throwing a great deal of junk with moderate velocity. But in the fifth inning, they brought in their ace long reliever to try to maintain a 7-4 lead. I waited on deck to bat against this 24-year-old ball player, who reminded me of the young blond-haired flamethrower depicted in the final scene of the movie "The Natural."
Before I walked up to the plate for my turn at bat, I carefully monitored my thoughts. I had a feeling that this would make for a great analogy to trading under high-pressure situations. Careful as I was, I was so impressed by the pitcher's velocity that I caught myself thinking, "Wow, this guy throws a lot faster than the previous pitcher. I hope I can make contact." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,350.58 | 1,100.39 | 2,180.77 | 34.65 |
Oil *
77.25
|
|
DOWN
15.57
|
UP
0.47
|
UP
7.63
|
UP
0.85
|
10 Yr
3.46%
SPDR Gold
113.88
|
|
-0.15%
|
+0.04%
|
+0.35%
|
+2.51%
|
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