Pete Bainbridge Public Post: Over the years my most successful trading strategy has been
to buy low, period. No better time to do that is at the tail end of a
heated tax loss selling event. Just look for great industries that are
out of favor and companies that have weathered the storm with a strong
balance sheet and unrecognized upside potential like MUX.
My response: As a result we miss a lot of trades but even when we mess up big we still have winners generally XD.
Pete's Reply: Over time you will learn that winning is about managing the
trade and not picking a buy or short. We research to get the odds in
our favour, but ultimately knowing when to flatten out is where the real
profit track record comes from.
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