This market tested my faith Thursday morning when it gapped up and put my substantial short position in jeopardy. But I looked at my charts, my indicators, the patterns and wave counts we have been following for the past six months and said to myself, "Buy more puts." Which I did.
As Thursday's trading unfolded, my faith in what I have come to rely on as a pretty damn good set of indicators was rewarded, as it has been so many times in this treacherous market. So my advice to all who wish to have success in trading remains:
FIND SOMETHING THAT WORKS AND USE IT!
Sixty-Minute Elliott Wave Count