DPR Update – Thursday, 18th may 2017

DPR Update:  New changes on the DPR login for details

Well, well, what a day, what a 48hrs it has been.  The futures basically, as they often do to equity traders and investors, sold off after hours leaving sizable a gap at the open.  The futures have done that 2 days in a row now, and subsequently reduced the gain to about 4%.  But, still, a win is a win.

Because of the strong move regards the snap back today, I am reluctantly saying that a new order is in play.  I, like many of you, always get nervous when I am not buying a dip.  In this case we are looking to re-buy into what is now just a mini correction.  However, like I always say, its important to trade a system and have that as your plan.  I am not taking this next trade (should it get filled) lightly, this is a serious business.  The business of making money, where most lose.

Bottom line, the system has consistently performed for the last 11 years, with only 2015 being a challenge due to it’s chopsville nature, so I must trust it and place the order no matter how I feel about it.  As soon as I start to think I lose money, its almost a guarantee!

So once again I say to myself:  don’t think’ don’t think, don’t think.

With a little luck the futures will dive again overnight and I will get a much better dip to buy into in a few trading days from now, but until then, I follow the system religiously.

Have a great night,

John