update , page-22

There is a fourth seller Andres and that is the trader who has bought at higher prices and is taking a nervous loss on the way down as a lot of trading books would advise.

" Always take the loss in order to make a profit on the next trade "

" Conserve capital "

In my opinion that type of trader is generally always a loser. That sort of trader has not looked at the fundamentals or understands the near term catalysts that can drive a sp much higher. They have followed the herd.