Posted 6/12/2019 07:45 (#7554635 - in reply to #7554367) Subject: RE: Wow the bull rocket
Agree Q500, market has a way of slicing you up. If your right and market is wrong, it can throw you out long before market becomes right. Market has a way of really thumping newbies and small guys and sometimes big guys. ( personal experience) There is nothing wrong with being bullish and putting money in the market but know what you can afford to lose and that you have to have a certain temperament to play the game for very long. I am quite bullish too but watch out for the curve balls. Something like AFS in the US and game changes dramatically in a couple of minutes.
I am learning over the years that we are like a car factory, we have cars to sell, and if we become too bullish and buy other people’s cars that they have to sell, we will own a lot of cars. Sooner or later we have to sell cars to pay the bills and to be able to produce more cars next year.