The Markets had a typical short term turnaround in the end of the last week's trading. It catches most retail participants like a rabbit in a torch light ,frozen,surprised and a sense of disbelief . Mature traders having their systems in place are able to cut their wrong positions fast , some even reverse but foremost they save their trading capital and lock in their profits and let the price action decide their decision . Such reversals emphasize the importance of a trading system , sensitivity of it , rules set for trading and discipline to follow it.
"The Secret of winning the Big game is to loose the least amount possible when one is wrong ".