I agree with Digi here, don't allow your opinion or bias
influence your trading. Remember, its patience, react, don't
predict! Let the tape be the arbiter. I myself am long here and
have been for sometime, although my belief is that we could enter a
nasty recession and subsequent bear market, from the third quarter
on and will be closely following certain indicators that generally
show themselves, approaching significant market tops.
Until then I am trying to get as much of the House's money as
possible, to allow me to aggressively take advantage of that
situation, as and when it arrives, as it sure eventually will.
Remember, in the words of the most successful speculator whoever
lived, " “There is only one side of the market and it is not the
bull side or the bear side, but the right side.”
Jesse Livermore
I agree with Digi here,
"We expected this charade to continue indefinitely, and certainly at ...
Posted by don3247 on 13th of Jun 2024 at 10:04 am
I agree with Digi here, don't allow your opinion or bias influence your trading. Remember, its patience, react, don't predict! Let the tape be the arbiter. I myself am long here and have been for sometime, although my belief is that we could enter a nasty recession and subsequent bear market, from the third quarter on and will be closely following certain indicators that generally show themselves, approaching significant market tops.
Until then I am trying to get as much of the House's money as possible, to allow me to aggressively take advantage of that situation, as and when it arrives, as it sure eventually will.
Remember, in the words of the most successful speculator whoever lived, " “There is only one side of the market and it is not the bull side or the bear side, but the right side.”
Jesse Livermore
Sadly, Jesse eventually went bankrupt
Posted by EdZ on 13th of Jun 2024 at 10:40 am
Sadly, Jesse eventually went bankrupt and killed himself.