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So let's say you try one long "contra stock" (One that goes up in a down market) and it doesn't work out. You had your chance. Best not to day trade long anymore for the day. Cut your loss wait for a better trading environment day when market is higher.
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Good question. 1) Lets hope you never make a series of losing trades. However If you are a long trader and it's a tough market and you shouldn't be day trading long. Let's say the S&P is down 50. It's not going to be easy to find winners. twitter.com/TheFunicular/s…