this is a stark reminder to those who are new into trading, especially to those came into the market in the recent month, without understanding the vicious nature of the stock market. YOU simply do not have time to GET OUT.
Sooner or later, the market will show you the importance of risk management.
What is the purpose of the idea? shorting post factum? This should be the moment to enter the stock, instead of selling it. Did you read the company´s results? its strategy? what are your conclusions based on? thanks
MichaelJason
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Hi. Thank you for the reminder. What strategy do you suggest to alleviate risk when it comes to free fall cases like this?
SonicDeejay
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@SonOfAMother, Pls study (1) volume spread analysis.
And you will find out that certain price level are extremely important.