Quote from stock_trad3r:
A very good trading plan is to buy when the market trades below the open.
OMG, you must be kidding, right? That would have cost you a
lot of money. Did you actually 'backtest' that advise?
Anyway, to recapulate: since your buybuybuy advise on 10/10 you lost 1500 points on the $DOW, which is $7500 per contract YM-mini. Also, you
could have gone short that day and
earned $7500.
So, by your persistent and unsubstantiated ignorance you missed out on
US$15.000 of trading opportunity,
per contract.
Maybe some day you will learn to trade, but this has
nothing to do with trading. Nothing.
My tip: put some real money on the line; for some it helps their brain waking up.