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Red packet day

by Gav Leave a Comment

When I wake up in the morning in Singapore, I see Straits Time Index dropped -157.74, the biggest one day loss I have ever seen since I started trading (It shows I am still young huh). and I see overnight NQ lost -87, YM lost -482.

World stock markets plunged on Tuesday as fears about an economic slowdown in the United States and the end of the Chinese economic bubble sparked a global wave of selling.
Asia was dragged down by a plummeting Shanghai stock market, Wall Street slumped, and the main European indices showed falls of between 2.0-3.0 percent on average at the close.

World stocks tumble after China meltdown

The sell down of NQ started around lunch hours, and I had already left my desk. The feeling sucks. I was unable to profit from this kinda day. Ok, I was thinking market had gone down “enough”, what a fool.

Stay safe.

Filed Under: Rant Tagged With: Trading Psychology

Reader Interactions

Comments

  1. Richard says

    at 9:44 am

    That’s what happened to me… I thought the down move was over by midday, and walked away from the huge drop that was about to come. Oh well! There’s no way I could have known…

    Reply
  2. Richard says

    at 4:44 am

    That’s what happened to me… I thought the down move was over by midday, and walked away from the huge drop that was about to come. Oh well! There’s no way I could have known…

    Reply

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