Option Addict Jeff Kohler is re-running what he calls his greatest hits (exit-ideas article).
>>
Trade small, don't be a hero. Plan on doing whatever is necessary to be here to trade again tomorrow. If you are on a bad streak, step away! If it seems that you are always on a bad streak, maybe it's not the market.... maybe it's not the stock... maybe it's your system!
>>
I have written many times about the risk/reward of being the hero and calling top or bottom. There are a lot more dead heroes often losing everything, than those who are successful calling major market turns.
Positions: long IWM hedged
No comments:
Post a Comment