People probably still think that we will see big wild swings down the road. But I have a different view. I already adjust myself for the new trading range and bounce back from the market turmoil. I started to feel normal on Tuesday and became comfortable with my trading again. Maybe I'm too positive. Oh well. I'm who I'm. :-)
As I mentioned before, I have been thinking about how to reduce the loss. I think the fist step is to reduce the position on Friday. I did it today.
It is a winning week for me.
Index | Started Week | Ended Week | Change | % Change | YTD % |
DJIA | 16459.75 | 16643.01 | 183.26 | 1.1 | -6.6 |
Nasdaq | 4706.04 | 4828.32 | 122.28 | 2.6 | 1.9 |
S&P 500 | 1970.89 | 1988.87 | 17.98 | 0.9 | -3.4 |
Russell 2000 | 1156.79 | 1162.91 | 6.12 | 0.5 | -3.5 |
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