This is generally how the market takes your money and runs with it. And when I say "your" I'm speaking about people in general.
The Market drops, people panic Sell, the Market buys it lower.
The Market goes up, people panic Buy, the Market sells it higher.
You become the markets liquidity. It's why 98% of inexperienced trader's lose all of their money. They don't learn how to spot these trends and to be
Extremely Patient sometimes. Which unfortunately is best learned from years of watching the charts and losing money. The cost of Tuition
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I wouldn't be surprised if it dipped below $61 one more time and threw some "weak hands" over board before continuing.
