Lions… WE TRADE THE MARKET WE HAVE! As I have said many times, and I cover on page 28 in my book A (NOT) So Random Walk On Wall Street.
What do we know? This market has now hit a series of new record highs- what else do we know? NO ASSET goes straight up without a pullback.
Now I am not saying that the market is about to pull back or drop however, if you are watching the 10yr yield and the dollar (DXY) you have to be somewhat concerned.
>>>Watch the 10yr yield and DXY in real time. Top of the page click HERE: https://traderschoice.net/about-traders-choice/
WE TRADE THE MARKET WE HAVE but we also must be mindful that a correction could occur.
What is the take away?
Be ready to pull profits, always. In the event of a pullback look to add to current positions as long as the overall trend is higher. IF the market does pullback anytime soon, see if the 10yr yield falls- to me that would signal a buying opportunity.
GM
I feel you Greg...and I am with you...I trade the market I have. BUT, I do have a real concern...IF I am still in a trade overnight...and things go South during the night....we may NOT have the opportunity to get out....or get in the next morning during the chaos. What say you about that real possibility?
can anyone help? where to enroll in the new fund by Greg