I was stopped out of $ERX and $FFIV, both for losses. And, this $GRPN trade I put on this morning is not looking all that great all of a sudden (still holding).
The past two weeks have been no fun to trade, and I know many that feel the same. But, it always gets a little rough before the big move, so don’t let the market shake you up.
Always stick to your rules, tough trading environments are the reason we have them.
Here’s a look at the Russell 2K. I see some pretty decent support underneath, this could be the shakeout before the next leg higher. Got to be ready for anything: