
Ep. 39: Is Amazon Stock A Buy Now? With Mark Ritchie
Investing With IBD
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The Importance of Tracking Your Trades
Trading is a fascinating endeavor that tends to expose people's inherent flaws right I think Richard Dennis was the one who said speculation is a an upstream swim against human nature it really couldn't be a true or statement. Draw downs tend to be trying on people's emotions more so than their capital both and they can lead you to do even some really silly crazy goofy things that you wouldn't otherwise be doing but you know studying this stuff I'm saying it's just a it's a really important tool that's often neglected or people don't want to do it because it's painful yeahYou're going to try these in a number of cycles too, every up trend is a little bit different as well
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