First time I heard that, 'don't despise the day of small things...' It sounds rather, 'Confucious-ish'.
I like it.
Yesterday was an example of staying out of a potential bad trade utilizing information I've learned here - which it turned out it would have been had I made it. Was going to add some longs to my AMD and NVDA as they seem to have bottomed and come up nicely. However, I had made a simple chart of the VIX to VXX ratio, and although it looked toppy, it hadn't resolved (down) yet out of a ascending trendline pattern on the 15 minute.
Also, a chart of intraday volatility for TVIX showed it was very low, also on the 15 minute. So, I turned 180 and sold a June call spread. I will most likely buy back the short call and keep the long at the end of March.
This is a trade I never would have made without the guidance of everyone here. I mean, I'm talking over a decade of trading here. Also, I would have been stopped out with the trade I was intending to make with an overnight loss.
It's funny you don't see traders talking more about this on experienced trader forums. I hardly ever see talk about it. I have been following the Fearless Forecaster forum for a long time on Traders-talk.com. The traders there are top notch. And I think I can count on my fingers threads about the VIX and VIX ratios.
Best regards,
~D