rss

For Ongoing Phase…

There is no trading – classroom or otherwise – that can prepare for trading the last third of a move, whether is the end of a bull market or the end of a bear market. There is typically no logic to it; irrationality reigns supreme, and no class can teach what to do during that brief volatile time. The only way to learn how to trade during that last third of a move is to do it, more precisely, live it.

All bubbles tend to reach extremes not expected by most people.

Market can remain irrational longer than you can remain solvent.

You can go broke by being right. Have an entry and exit strategy.