It would be good if I know the reason for being in a slump lately. I may have a few guesses on why this is happening.
Looking back at my pnl from 2003-present there are one or two months each year when I struggled in my trading. Usually I have around 3 losing days/month but during those tough times I would have over 6 losing days. I think I am down 5 days or more this month.
My wife gave birth in May and since then I spent a lot of time helping out with the baby.
I trade NYSE stocks and rely on tape reading. There have been some big changes in the NYSE in the past 2 years or so. The changes include the banning of bullets, SHO stocks, and now the implementation of the hybrid. The market may have changed too quickly for me to adapt.
I guess what I mentioned are just some of my suspicions. As a trader I see those as excuses. In order to be successful I have to adapt to the market. I need to find a balance between family life and trading. I think my past experiences serve a good motivator. I have struggled to learn the markets when I began trading. I traded through quite a few slow periods. My trading profits have increased yearly by around 30% a year. Even though this month could turn out to be my slowest month in years, I believe I will come out ahead and set some new records.