Wednesday 13 May 2020

Dow Jones - Losses Returned to Profits








It hasn't been smooth lately as the market went sideways while it's chopping ups/downs. I made some losses during the week and it hasn't been easy in recovering because my price wasn't the nicest and it gave me hell of a ride of unrealized losses first before I took a small loss. Last evening, same thing again, I shorted and the market turned against me as it trended higher and higher till at one point my loss was mounting big where I almost ready to cut it. However, I believe my chart reading and analysis of the market where it would tank and indeed, in the middle of the night, the Dow Jones really crumbled down with more bad news released in the market.

I did a IG LIVE to all my followers and shared what I will do and god grace, I acted exactly as per planned and finished the job cleaned where I recovered all my losses last week and this week to back to where it was supposed to be. It's not difficult but I think as I made more profits, I got a little impatient and wanted fast quick profits which caused my losses to mount. I shall be more prudent next time and more alert when trading. Looking forward to make a stage come back again.

Ron K - A Game Changer