When we hit Stage 2

I remind you of a popular quote that made a lot of bright minds a lot of money between February 2020 and March 2020

“Poor people are rushing out there to buy toilet paper while Rich people are scrambling to buy Stocks”

(See next tweet)

No this is not some asshole “throw all your money in stocks and ignore basic essentials if you need them” post.

I posted it as a reminder of MINDSET.

In this game, you have to learn to be flexible and even more, learn to identify contrarian trends and opportunities!

Most people got shaken out of their multi-year positions because of the usual garbage inflated narratives such as:

“It’s a real pandemic, things will be different this time” -> They weren’t, market robbed you and here we are at all time highs AGAIN.

This leads us to one of the oldest yet TRUEST statements of trading that 99.9% do NOT seem to understand despite living it daily:

BUY when others are FEARFUL

And

SELL when others are GREEDY

It’s literally that simple, it is YOU who is making it hard.

Trading is not easy but it is certainly not difficult either.

The beauty of trading is there are thousands of indicators, tools and technical resources, patterns and data available to you - No one skillset or combination of any of these is a one size fits all.