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Recent falls...how have you faired ?
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The recent falls wiped $40 billion of the ASX values. 2005 is again flat as far as returns go. How did you the trader cope with the rout in the last few days ?? Personally I found that many stops were hit amongst stocks leading to kangaroo tails, parabolics stumbled and big Australians fell. I also found that the application required was nothing like the "easier" times previous. Nervousness seemed to spread. Nothing could be taken for granted. Even though its wise to follow a strong trading plan... for the new traders, how did you cope with this down period? What emotions were brought to the fore? Were you prepared and was the learning harder than any text book ?
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