More Pain
I continue to suffer--down another 1.81%. I feel like giving up. I know that as soon as I do, we'll see a powerful rally.
I've tried to pick a bottom about three times during this decline. I haven't done so well. I'm not about to pick one now.
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5 comments:
It would really suck if I lost every penny in my trading account, but it wouldn't change my life one bit. If that's not true for you, you should stop trading.
I don't need the money in my trading account. But if I lost it all I would be kinda disappointed.
I'm glad to hear that you're in a position to ride out the storm. It's not called risk capital for nothing!
SAPE was yesterday at 6.66 when mkt was down. Now almost 7 on an up day.
Just another strategy for you to work with and add to your armoury.
Steven
Well, I was short several things and the Fed got me. Scott, you on the other hand, must have had a great day.! Sticking to your plan is definitely the way to go. I learned that lesson today the hard way.
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