One particular piece of learning that has been reinforced over the last week is how much individual stocks are tied to the performance of the broader market indexes. I owe my gains to being able to predict the short term market trends, and picking stocks that meet my trading criteria that track close to the broader market. Granted, if the market swung in the other direction yesterday or today, I probably would have stopped out of the majority of my trades, but it didn’t. The market has been my friend - Thank-you.
Remember – Respect the market – It is always right. We are just pawns; it does not care about us. It can and will take our money any time it wants.
Cheers - David
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