I got in..... and now I'm getting out again...

 


One of the asset classes has generated a SELL signal….just a week after generating a BUY signal! It’s very frustrating, particularly if I get another BUY signal next week.


I guess in a situation like this, I have a choice: follow the signal and hope that this is not a ‘false’ signal. Or have another system of getting into a trade without bouncing quickly out again. The downside to the latter is that a ‘late’ entry, or an entry system that keeps me in a trade while it is going against me might lead to larger losses.


I have to remind myself that there is no perfect system…. contrary to all those promises in my email inbox……

Which asset class am I talking about? Have a look at this weeks brief (5min) video, and you’ll find out!


Image at top by Derek Lee (via Unsplash)

#trendfollower, #trendfollowing, #trendtrader, #stocks, #shares, #property, #gold, #commodities, #forex, #crypro, #bonds

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