Barrons has an article looking back at the 2009 markets in review, that ends with a peek forward (link).
One reason for me to do this blog is as a public trading journal. Journals are an excellent way to put trading plans down, and then look back to see if the plan was followed. They are a good way to see what kind of thinking causes losers, and the winners too. Most folks learn more from their losers.
Lately, I haven't had time for trading, or looking back, or looking forward. Perhaps this year end period of quiet trading may be a good time for financial reflection. Reflection is very different from prediction. Reflection for traders is about refining the process of selecting, entering, stops, and exits. Prediction is often times more for entertainment or for those with something to sell such as stocks, or other securities, or perhaps a subscription to a newsletter, or a hotline service.
Readers know that I'm not selling anything and hopefully also know that I will shoot straight with them.
No trading positions
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