Tuesday 6 August 2019

Dow Jones - The Big Crash, -767 Points







The market had a super collapsed last evening where the Dow Jones tanked profusely where there was a huge exodus of buyers. Suddenly the market went stalled and everything just seemed bleak and not working. Shorted 10 contracts on my first trade and then 20 where again I locked in profits too fast because at that point of time when I studied the chart, it was really near demand zone which I was quite worried. Never did I expect the Dow Jones to crash -800 plus points then recovered a little. Worst still, in the morning, the futures that dipped lower with -300 points. The market just as of now looked really bad with the Chinese Yuan falling that intensified the trade war. It's time to embrace tough times.

Ronald K - A Game Changer