Traded and losses $ in the Dow last evening. The market was quite tough as it was ranging and ranging before it finally decided to break down. Longed in the afternoon and cut near when the Dow was about to open. It was trying to breakout higher and then slowly simmer and soon after the next thing I knew, it broke down. Cut $1400 loss and have to move on from this trade. The Dow is ranging now and has no trends. Hence, have to be patient and wait for the next opportunity to come.
Ronald K - Market Psychologist - A Stock Market Opportunist
