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| Become the deer in the headlights and its bye-bye Bambi. Our antlered friends freeze in the lights of oncoming vehicles. Not a healthy practice. Perhaps the market opens and you buy this RFGI rally at 11. What you do the next 15 to 20 minutes may decide your career as a trader. Unfortunately, the natural reaction to shock is disbelief and denial. This inhibits quick defensive action. In dangerous times, you need to have mentally practiced your fire drill over and over again so that your actions are automatic. Simply put, when a position goes into a freefall, get out first and ask questions later. Don't wait for a bounce, a reason, or your mommy to come hold your hand. Grab the nearest exit door you can find and run. Someone's screaming FIRE!
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