Subscribe Feed (RSS)Nasty selloff
September 15th, 2008 by eyal | Filed under Day Trading. |
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People were dumping stocks all the way to the close and a slight rally attempt at 3:30pm was nothing but a blip. Some people may see capitulation there but I didn’t that. So turns out I was a little too cautious yesterday and the market trend lower for most of the day which means I missed out on a couple of good trades, there weren’t very many to choose from in the first place. Oh well, that’s the way it is, a trade-off between capital preservation and increased returns.
