Quote:
Originally Posted by Expired
Dad, not as much as he should have though. I bet a lot of people had no idea why it gapped back up, until after the close..
Anyways, I hope you know how to sell short, because if all you know is to go long, you are in a world of hurt.
The government can only pull so many of their rabbits out of a hat, after they are all out the stock market is going to drop like a rock. Stocks aren't meant to go up forever and with all of these cuts, they are just going to make the correction even heavier.
I start trading again tomorrow. 
It's kind of hard for me because I have school from 9:30-1:30 every day...
-Nathan |
I'm a pro trader, short or long no problem, and write for a financial website... Actually, the Tues. position was to fade the gap...long. Trading don't care how old you are or size acct. you have. Keep at it. In fact, focus on trading the first 60-90 min. That will be enough.