Last week the markets, as measured by the e-mini S&P contract, moved in ways (and for reasons) that we have not seen in our lifetimes. When you judge your performance for the week, judge it against that backdrop – good or bad. Or, should I say, bad or good?

It is easy in such environments to make lots of money – or to make lots of mistakes. If perchance the latter is where you think your performance falls, go back to the first mistake that you can remember and ask yourself, what did you do about/with/for the psychological capital side of the equation?

If the answer is you didn’t really take that into account then in reality you made only one mistake – not the series you think you made.