Tough night in trading the Dow last night. I got my direction wrong and cut some small losses. The market I though we sell down first and recovered but instead it turned lower and triggered the cut loss. It's was a battle between the buyers and sellers and finally the buyers gave way and the Dow tanked overnight. We did not trade till midnight but that choppy ups/downs caught us and we have to go for a small losses. However some do make $ instead because they were fast in reacting when profits were alive. Some nights it's just tough but certain nights it's easy to reap profits. Looking forward to the next Dow trading.
Ronald K - Market Psychologist - A Stock Market Opportunist