Just celebrated the new year in Sydney, wishing you all a fantastic 2023. 2022 was the opposite of 2020 for me. Tough year full of hard lessons which, I hope, will make me a better trader when I return to it. 2023 is predicted to be another hard year for the market and I may just sit this one out, fully invested in Tesla, the one company I am confident will beat 2022/23 inflation as my low expectation, meaning a gain of at least 30% from the last day close of 123. My high hope is 100+%
Well,Mr Market took away my Arb,I'm tired of trading vol,and have talked about trading directionally for far too long.Time to talk less and do more..
Minervini won't be buying in a downtrend. Patience. The next bull will come. Build the watch list. Look for relative strength. Day trade for fun and profit in the meantime.
Happy new year to you all. Here's to a great 2023 in health and in trading. Resolution this year is to...once the conditions are right, finally put down some real $$$ and actually trade (position-stocks). And in the meantime probably day trade some commodity futures.
Wishing a happy, profitable new year to everyone. Gird your loins, lads, for the battle to come! (am a big fan of Aragorn's speech at the gate below; turn volume up for best experience)
Keep it in your trick bag. It is like fashion. it goes in cycles. Someday you will be able to use it profitably again