I am a trend trader in daily chart. each time when I see intraday up, I view the market is going up. or vice visa. that caused me trouble. I know some guys use divergence indicators to judge reversal/pullback. take an example, GLD (gold), I see it is trending up in daily chart. fundementally FOMC's bond buying QE3 will push it higher. like yesterday, I saw it dropped in the pre-market, kind of thinking it will correct. sold some CDE in the low (or support), also EGO. late prove it is just a little dip pullback to add more for longs, while a trap for short selles. most guys like to buy pullback in an uptrend, leg up, then buy in the little dip. I feel I can not do this, I feel the trend is revesing. it really baffled me. actually I am thinking buying SPY in the dip, or in the pullback range, when I saw GLD dropped, I started to sell, while not buy. I feel when I have an view about the market, it is not easy for me to shift toward opposite view. actually I realized this mistake, I should sell my puts and buy some calls, but I just freeze.