      When trading based on overnight news, do not — I repeat, do not —fight the trend. If you find yourself on the wrong side of the trade, admitthat you are wrong, take your loss, and move on. If you sit with the trade,you will focus an unhealthy amount of attention on that trade and will mostlikely miss out on other opportunities to make up your losses and end theday in the black. Further, if you start the day off on a really bad foot,your psychology will be affected for the rest of the day, and your abilityto remain rational and disciplined will deteriorate.