2) I made some $ on the break out. I took Profits I bought the dips and caught bounces made $ until the last dip failed and I cut my loss on that trade when s&p broke below the 50 sma.
3) Usually what I do when I make a losing trades is take a break from trading and go to cash.
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I think this has been a very challenging last week for trading.
Most difficult since the week of Oct 13th Bottom.
1) Monday morning I shorted the bounce. I thought the S&P would fail at the 50 sma. But it didn't so I lost some $ and went long after the break out over the 50 sma.
