My retirement accounts have had a pretty big drawdown. This move was approximately -10% in 5ish days. Seemed like a fast ride up, but how about that drop!
You can really see all the trading axioms are wise:
Don't try to catch a falling knife.
The market can go down longer than you can stay solvent.
Hope is a 4 letter word.
Trade with a plan.
The market doesn't care what you think.
Popular Posts
-
I backed up and "pdf"ed this blog. In blogger I backed up the theme and the xml (uninteligible code). The surprise TREASURE was ...
-
Today is the second time in a few days that someone in "the other discord" (not my main pod) has tried to make a case that a stock...
-
I've had a beautiful several-day run trading where everything seems to be clicking. I'm raking in steady really nice money. I'm ...
-
What is the subtle mentality shift I feel between winning day and losing day? It's not the feeling of being right/wrong. It's not th...