Riding the Roller Coaster

Well, the last two days have been pretty crazy. Though I'm new to trading, it doesn't take a genius to know that double digit dives aren't things that happen every day in the market and that this is a very choppy market right now. I'm learning the importance of quickly distancing myself from lousy positions, as those are often the biggest losers. I'm also learning that strong trends tend to keep going for at least a while. This downward trend began last Friday when the market came to a "shoulder" and then turned over and started moving down.