Yes, the Dow was a good shorting opportunity…
The short entry was a good one.. however, in light of the strong uptrend I wanted to get out as soon as it hit any resistance and I got out at the round number 11600. The stochastics were also way into oversold territory so I got out and grabbed a measly 10 points.
The market however, fell further and is currently at 11583… trust my luck!! The hardest thing I think about trading is knowing when to get out.. I think it’s much more difficult than entering.
The other day, I gave up over 120 points on the GBPJPY forex pair which was also disappointing.
As I write, the Dow Jones has fallen further.. it’s now at 11577