CHESSNOID

The market took a beating at the opening today. I decided to put order sells on everything and lock in some easy gains.  The market could head all the way down a few hundred but it may trigger some buy programs and rally back to the starting line.  So far only 1 of my 5 limit orders have executed which is the SKF ETF.  Even though this feels like swing trading, I am trying to make my decisions based on the fundamentals and then the technicals.  The hard part is deciding what price to sell at and what price to buy at.  Of course, it easy to say buy low and sell high.  Just hard to see what those numbers are and if the limit orders will take.

If later on this afternoon my limit orders don’t execute, I will probably go back in and cancel them and put in market orders.  What I have realized is that most times staying invested overnight is usually not in my favor.