Getting killed on light volume is not the answer. Stepping aside or playing the short side is the only way to make money or protect your capital during sell offs. 70% of stocks follow the broad direction of the market. This is true of Magnet stocks too!
The key to profitable investing is cash management. Doubling down while your portfolio is declining is usually the wrong approach. Being patient, setting reversal price alerts is the way to go.
Nobody is stronger than the market. You can’t make it go the way you want. Being flexible, disciplined, and patient are the key words you hear about the most successful investors. Stubborn and impatient are the words you hear about the “blow ups".
The top traders at T3 have been spot on calling this market. The current weakness should not be taking you by surprise. Trade less and more carefully for now. Be careful and be ready for the next trade.
*DISCLOSURE: No relevant positions
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