Day Trading Pre Open - 12 October 2018, page-30

Listen carefully to what Endless has to say Babysteps.
Unless you've been through a proper correction you won't believe how the ground
can cave in under your feet and keep caving in for months. People start
selling good stocks to pay for losses and margin calls.
There is no reason not to be cautious here.
It might be nothing in total, just a healthy correction but there's no reason to rush in here.
800 then 500 deserves our total attention.
Given the outlook for higher interest rates and trade wars crimping growth
I can't see why things would bounce back hard in a hurry.
Given the strength of the Yankee economy you wouldn't
imagine things would get super bad but then you don't always know
who has been up to what.
Banks, people do dodgy stuff.
Your cash can sometimes achieve a lot more buying power just by sitting there.
This is not financial advice just another angle to consider.