The Dow was closed yesterday but the futures chart was pretty weak with spikes up and down a little. The whole range formed a wb and the market went stagnant. Shorted it and this morning the Dow Jones spanked down with -300 points where I believe some bad news was just released. Profited $2536 total with short selling and covered shorts in the morning. I have many asked me how to trade the Dow effectively. My answer is very simple. Study the process, find an entry point, set a cut loss level and profit target level and then go sleep. Not only it reduced your stress but it's effectively if you get the direction right.
Ronald K - Market Psychologist - A Stock Market Opportunist
