To all the new and intermediate swing and position traders out there, my self included, when people with more years of trading experience tell you to sit tight and be patient, we should take heed. It’s days like today and Friday that can help you and I kill our accounts with a painful death by a thousand cuts, or, in many cases, several major cuts. Right now less is more, sitting on our hands, studying, and learning from our mistakes, are the best things we can do until a new trend is established.