I did short the market on that 50% correction, but did not hold on to the position as long as I should have. The market was really slow in selling back down, so I took a modest profit. Well, a modest profit is better than a loss.
Charles
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well done Charles....stay positive
ReplyDeleteo.k. you missed part of that move... so what.
The beauty of daytrading is that there are dozens of set-ups during the day.
I just bought the 917 for a quick retracement to 919 but shorting the approaches to zero(Tick) worked well today.