Are you dense?
Let me ask you…….What “will it take” for you to call your broker and ring the bell on your top 5 winners? That one account….the one that has performed “sooooo well” and is just sitting there “dripping with profit”.
What’s it gonna take? 5 points higher? 10 points higher?
How about 50 points lower? Ya……that’s what I figured. Sell on red – as retail will always do.
I remember a wise man telling me once “you buy low ( on red ) and you sell high ( on green ).
It’s simply amazing to me that retail investors continue to “define themselves” by doing the complete opposite so consistently that an entire industry ( the financial industry ) has grown to the mammoth that it is…..simply laying in wait.
Retail will do as retail will do. Make a change. Do something different today.
Bank “a few” of your winners and go for a nice long walk. You’ll feel good.
And you won’t miss a thing.
I remain short USD.