…you lose £500 trading and you feel ‘cleansed (in a good way)’. I think my emotional balance needs adjusting.
Stepping back is always a good idea. I keep entertained by trading penny stocks but have had much success with the higher priced equities by sitting on my hands during the market downtrends using a (very) modified ARMS index. When a new uptrend is forthcoming, I keep to the strong sectors and industry sub groups that rank highest.
Please keep up the blogging…very informative and interesting.
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