On the night of the U.S. Presidential election, I was rudely awakened by an alert siren on my trading station. Stumbling out of bed, I could not believe my eyes. Dow Jones futures were down nearly 800 points!

Just then my phone rang -- my fund manager friend called to warn me that the market could be down another several thousand points by the end of the next day. Having followed his lead, I had a minuscule short position on in the futures and was thrilled with the huge gains earned by the short. Rather than doing the right thing by setting stops, I decided to go back to sleep and let the trade ride. Upon awakening,

I was shocked to see the trade almost back to even, crushing all of my gains.

The market panicked on the Trump win, but investors quickly realized their collective mistake and bought back into the market aggressively. The Dow has since rallied over 1,000 points to all-time highs. The move has confounded the bears and surprised even the most hard-core bulls.