I will add that to my list of books. A few weeks of reading would at least be a good start. Thanks.
Thats when it’s time to buy!
Yea I would probably wait until it at least shows some accumulation or at the very least pyramid your entry on the way down instead of putting out your full line all at once.
"Old Baron Rothschild’s recipe for wealth winning applies with greater force than ever to speculation. Somebody asked him if making money in the Bourse was not a very difficult matter and he replied that, on the contrary, he thought that it was very easy… "I will tell you my secret if you wish. It is this: I never buy at the bottom and I always sell too soon."
Jesse Livermore, Reminiscences of a Stock Operator
"Old Baron Rothschild’s recipe for wealth winning applies with greater force than ever to speculation. Somebody asked him if making money in the Bourse was not a very difficult matter and he replied that, on the contrary, he thought that it was very easy… "I will tell you my secret if you wish. It is this: I never buy at the bottom and I always sell too soon."
Jesse Livermore, Reminiscences of a Stock Operator
The bear market rally might be coming to an end!
I’m afraid there is some market nastiness heading are way. With QT and increasing rates, the FED is intending to kill the market to reset fundamentals.
I think the fed is doing what they have to do and the price decline of assets is a byproduct. People forget that cash is a position too. One goes down the other goes up typically.
Still AMC, just preferred stock vs common stock.
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