Stock Watch 8.15.11 “Trader Wars”
Most traders are so desperate to rationalize with this markets behavior.Feeling a need to try to unravel the mystery or pick the precise bottom. In case you don’t know that’s how you loose your rear.John Maynard Keynes once said – The market can remain irrational longer than you can remain solvent. The stock market will do whatever it wants whenever it wants regardless of the research you have put in to it. It’s your ability to respect your stops, avoid boredom trades, skip on trades that confuse you and take the high road when your confused that will keep you in the game.
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