BACK TO DAY TRADING AGAIN!		16.06.25

BACK TO DAY TRADING AGAIN! 16.06.25

By CKN Staff

June 16, 2025

Once again, well laid plans and expectations of traders and investors were put to the sword by some war news- this time in Iran. Markets went down in a heap on Friday. But the opening low was not broken subsequently and so far so good and all that. At least, now we have a clear break down point- Friday’s low. We dont wait around below that, trying to find excuses to hold on. Just exit. If it then comes back up again, we can buy again.
You see, markets react to both Macro and Micro events. Wars are certainly Macro events. These tend to lead to persistent moves. So, the first thing is to get out of the way. Second is to assess the kind of damage that happens. Especially two days after that event. Now, the whole world has had a chance to look at it and develop thoughts. So, if in that revised consideration (remember, when the event happened, most of us were asleep), the market acts bearish then we should do likewise.

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