The Dow Jones plunged -608 points last evening. Another bad and fearful night where the sellers don't give chances to the buyers. The market looks very good before the plunged at 8:30pm where the Dow was up like +100 points and suddenly after that steep rise with shortage of buyers, Dow started to give way and tumbled.
I remembered coaching this student of mine. He used to trade super small lots like 1-2 contracts before I had a private chat with him and tell them what he can do to achieve better results. From that day onward, he started to increase his lot size from 2 to 5 and then 5 to 10 with profits pouring in where he consistently shorted the Dow Jones. He's like a man on mission where every night he would trade continuously after that private dinner and coaching i had with him. Many others know about him and his progression and with today's record, I am extremely delighted to see the lot size increased to 22 contracts instead of the usually 5-10. See his past trading records.
http://stockmarketmindgames.blogspot.com/2018/10/dow-jones-choppy-with-volatility.html
https://ronaldkstockmarket.blogspot.com/2018/10/paypal-dow-jones-impressive-gains.html
https://ronaldkstockmarket.blogspot.com/2018/10/trading-us-markets-scanning-for-signals.html
https://ronaldkstockmarket.blogspot.com/2018/10/dow-jones-small-contracts-big-wins.html
It's not how much he made which got me excited but rather the increased in confidence and the lot size which really pleased and amazed me. It reminded me myself in the past where I would try every night and practice then slowly gain confidence and then trade bigger which opportunities were there. Last night was $8678 profits for him where I am going to continuously coach and guide him to trade 22 lots and win the game while avoiding tough days. Will you be one of them making these profits?
Ronald K - Market Psychologist - A Stock Market Opportunist
