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Tuesday, December 13, 2011

Wisdom

Sometimes It Is Best Not to Trade What You Think
This statement does need some qualifiers, so here they are. First, if we think something seems logical, we need to wait for the market to prove us out before we go “all in on margin” because we are sure of what the market will do next. Second, simply because something makes sense doesn’t mean the market will respond in the way we think it will or at the time we think it will.

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