DT'ers, take a look below at the DOW 3 month chart and you will find its a great lesson in fear and greed mentality in trading. If you have the time, go back to the rough dates 16th january and even the start of feb and read our threads (probably the least sensationalistic of all the threads TBH with the exception of STT).
Many people were worrying and freeing up cash etc etc when the market was down from just over 18000 to nearly 15000 in a month. Now we are almost back at 17000 in a month, recouping 67% of the losses yet nobody says a word. Business as usual.
This is what makes people (especially traders) lose money, when we worry on red days and business as usual on green days. We should see the opportunities that red days present us as well as the green days. We should be buying red and selling green.
Anyway just some musings, I am mostly posting this for my own benefit, to remind me that I did not make enough of the great opportunity 2016 provided.
chart:
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