Now for the hard part…

DPR Update:  Exit at market open, possible downtrend in place

Now comes the hard part, taking a loss is part of trading, even if it’s coming after 3 wins in a row, it’s still so difficult to do.  Just know that it’s part of the game and it’s just about protecting the account when you are wrong.   I simply must wait for the next opportunity after today’s sell off.

I had mentioned in my last post that I did not trust this trade signal, and as expected, it has failed to confirm a new trend higher.  But I can have no regrets as every signal MUST be taken to be successful over the long term.

So, tomorrow I will be flat again, waiting on the next signal which will hopefully be much lower.

Be safe,

John