Macrae 12
The markets are just brutal at the moment and one has to be brave and stupid to try and trade them..............with announcements being made by goverments on a fairly frequent basisecently it is dangerous to be caught long or short.
However the fact that you have '' thrown in the towel ''is very significant because i have been watching you for years and you are a serious trader....................i think we are pretty close to '' total capitulation '' IMHO.
If we have a huge sell off this afternoon then i am buying. I went 100% cash about 3 months ago. However i have been dipping my toe in the water from time to time but i never held overnight....................i am thinking about 3550 as the bottom.....................well we will see !!
Sorry for your loss...............but 25% loss in this market when one actively trades in actually pretty good going..................hope you recover all when the market bounces.
Cheers
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Macrae 12The markets are just brutal at the moment and one has...
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