Traders,
This is a great video on the stock market crash of May 6, 2010. This should make you aware of what could happen.
We have watched the market make parabolic moves higher on lower volume. That will eventually come to an end as the Fed pulls back it’s money infusion into the economy. When it does, the retracement can be just as steep and 3 times faster. Always use stops no matter what trading vehicle you are using.
From Justin – This is Think or Swim audio from the futures pit when the market had a flash crash in 2010. It’s amazing. Enjoy!
https://www.youtube.com/watch?v=E1xqSZy9_4I