Best September Gain In 71 Years
September 30th, 2010Remember how bearish the world was right before September? Including me. Read that title a couple more times, Best September In 71 Years.
Right before the market went ape shit in September I was as bearish as possible and got caught initially. I didn’t have any reason (signal) to get long down there. However, my signals did turn, and if I wasn’t mentally ready to make that swap, I would miss out on the best September gain in 71 fricking years!
This is why I often say, BE DUMB, MAKE MONEY. You will make more money following the move than getting in front of it. I know this because I have a lot of experience in not being dumb. I have a lot of experience in getting in front of a move and deciding if I should go with it or against it. Don’t think. At least don’t think too much. Be dumb most of the time and be smart where its needed.
How do you know if the move is going to be a trend or at least have some nice juice in it?
That comes with experience and understanding of technical analysis. Well, really there are no guarantees, but it helps understand the potential probabilities that are on your chart. So stud
Tags: 71 Years, Best September, Years
