How more backwards and behind the curve do you want to be? Would you rather see 2 qtrs of negetive growth for the "official "R" word to be legit, or would you rather read price action and get in early in the trend and then when the big "R" is here, you'll be nicely in the money.
Successful trading is about being AHEAD of the curve, not waiting for all the data to be in to make your play. By that time, you are the sucker selling to the smart money buyers.
Successful trading is about being AHEAD of the curve, not waiting for all the data to be in to make your play. By that time, you are the sucker selling to the smart money buyers.
Quote from HedgefundTrader2:
Just to remind and keep you level headed and sane- It takes 2 quarters of negative growth to pull in the " R " word. But you have already jumped to conclusions without proof or evidence!
