Hanging in there on the DOW is almost impossible

Despite my last email about the DOW and what a bad instrument it is to trade, I just could not keep my eyes off it. Watching the DOW move is addictive and I found myself drawn to it again like a drug. It’s movements are huge and if you get on the wrong side of it, it is extremely satisfying.

I entered again, a short at 10993 as the long pattern broke down and with 30 minutes to go before the markets closed, I felt this was going to be a decent move but I just could hang on and I closed for a mere +26 profit.

However, the market has crashed as I write and at one stage sat at 10833.. if I got out then, that’s a +150 point profit.. wow! There are some really serious movements in the market lately….

Anyway, I ended today up which was good :)

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Category: Emini futures, Spreadbetting, Trading