Thanks again for your vote and support.. Yeah i really only trade panics. Its just such a predictable pattern, and therefore I rarely ever lose. There are many breakout traders out there, but I have found that to be very dangerous. So many times a breakout fails and crashes and results in a huge loss because you totally bought the top of the chart, expecting it to go higher.. and often it does go higher, but when it doesnt, ouch.. So i stick with the easy trades, panic bounces. And I have never found a way to predict these, as the reason for them changes with every panic. Often its news related, but sometimes its a rumor, or just the result of a momentary lack of bid support.
RE: The Happy Trader episode #6.. What do you do if you see a storm coming? Avoiding storms and preserving your capital is key.