Darc Knight
Investor not Trader
- Joined
- 28 February 2015
- Posts
- 1,211
- Reactions
- 607
Bit short sighted. If Kim lobs a bomb into Seoul or the threat of bombs flying around becomes real, the Markets will certainly react.
Trade with North Korea = Zero so short of A Bombs there is no Down side to failure and only upside if there is a win (more than zero trade). And even a win is unimportant as the entire economy of N Korea = 2/5th of F.. all
Hi Beemer,
You did the right thing cutting your losses. You had your stop loss and you stuck to it.
If you had held on for a few more days you would have rewarded a bad trade precedent and set yourself up for a catastrophic account draw down at some future time.
Will be selectively buying in the 5900's
Yes this is the first area of support. Break here then we are off again lower. A rebound and cautiously bearish until we clear 6230 (22 trading day range ceiling). Stay with quality companies and away from high growth, high PE at present.I was thinking the same in a small way any areas that you think are will be attractive?
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