I am the dumb money...

You'll get a chance to get in at the lows yesterday at some point. Problem is, if it tests the lows from yesterday it probably goes lower.

If you think it's going high again just buy it and chaulk it up as a 600 point mistake. I can tell you though, my fiancee's 401 wasn't up yesterday despite the rally. Naz didn't go anywhere....
 
Quote from texrex2002:

I have a history of this. I have a real knack of selling the bottom and buying the top.
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Think about how you felt just before the reversal.

Sometimes my feelings of doom identify stock market bottoms.

It's an indicator.
 
Quote from Hook N. Sinker:

Think about how you felt just before the reversal.

Sometimes my feelings of doom identify stock market bottoms.

It's an indicator.
More...

so true,i also take notice of this now...when i hear my own blood flowing in the streets, i know its a bottom...
 
I was up $1500 day b4 yesterday and finished down $1400.
Yesterday I was up $1200 and finished down $1500. All this transpired within a few minutes each day, with just one or two bad decisions.
Trading can come down to one seemingly minute decision that can have a bigger effect than 100 other seemingly big decisions.
 
Trading can come down to one seemingly minute decision that can have a bigger effect than 100 other seemingly big decisions"

i think this is where you have to use stop losses more effectively...i know its the case with me...you know where you make 10 small trades for a 200$ but lose it all on 1 loser trade.
 
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