We have experienced another significant drop today and we are at the edge of primary sell signal. We should also note the volume's hike.
If we were using stop-loss orders probably at least few of our positions were sold.
One of our advantages over the financial institutions is we don't have to be in the market all the time (here).We have to remember we gave gained over 100% from the bottom without any major correction and the gain/risk ratio is not favorable now.
On another side, the drop was very fast and we might see some retracement in short intervals, however minority of traders can day-trade successfully.
US market had also tough day (here).
Sources:
[http://jimrogers-investments.blogspot.com/2010/02/one-of-biggest-mistakes-most-investors.html]
[http://www.marketwatch.com/story/us-stocks-open-lower-after-payrolls-data-2010-02-05]
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