Quote:
Originally Posted by scho63
I invested in RED 9 today. No good. Tomorrow is BLACK 26. I heard it's a sure thing.  |
Kind of true. Flow with momentum but have risk management strategies. Too many buy and hold because they’ve got some price target in their head. It’s dangerous.
Right now, the market is "Extremely" easy for bulls, everything goes up like a rocket ship... if thats your strategy, this wont last long after stimulus, and if you were trading back in september/october last year, you would have noticed the market slowed down almost to a halt, like it normally is. So I encourage you to make sure that your strategies dont only rely on buying some hype stock and hold then sell at a profit, cause the profit taking might never come in a real market