DIG DEEPER TO FIND WATER & NOT WIDER -P.M.PATEL

Thursday, May 20, 2010

Historic Trading Day for a trader

May 6 2010.
This day i will never forget.
i was awake, playin games on computer (very rare thing)
i was long in Banknifty and closely monitoring dow from 11pm (IST) .... and hoping in my heart that it will go up - so that indian mrkts gap up nxt day.
but somebody had different plans for US markets that day.
and above chart says it all the game they played with DOW.

I was simply horrified to watch that unfold all the action in front of me....
tick by tick.
Very Unnerving experience.
This is the day which made me think what could happen to u if u trade with Leverage and How u can go bankrupt in just a single day.

More on this day  later.

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