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If you are trading blindly based on what Greg said or anyone said and betting the farm on it, you may/will lose money. If you take that as information and intelligently process it yourself, your chances of making money is higher. No one has the crystal ball. Nobody.
He had been saying that OIL will go up. Based on that, on a dip (not immediately), I bought XOP and it's up. Similarly I did not buy AXP because I did not like the business or the chart even though Greg posted the trade.
Out of 100 trades, you can expect to make money 60% of the time. Greg has kept us informed about the general market direction and sector direction. Based on that my winning trades have gone up to 80%. I still lose money on some trades. It's much better than following Gundlach the Bond King. I bought some puts because the king was shorting. Those puts expired worthless.
Moreover, suppose you have $100,000. You put a trade on, you win 10% and now you have 110,000. Most novices will immediately put a new trade on for 110,000 + may be margin to 150,000. Now you lose 10% on the trade and you lost 15000 so you have 95000 left.
You can see the problem. After a winning a trade, I am very cautious because the next trade could be the losing one. Take probability 101 course in mathematics.
Nobody has crystal ball. Including Greg
Yes of course ! Sent!