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Ep. 222 John Boik: Why The Greatest Traders Of All Time Studied History
Investing With IBD
The Greatest Traders of All Time
There's been 23 major downtrend since 1900. And there's been 33 major uptrends. They all acted similar the length of time will vary, but they that's that's how it works and the best traders knew that they studied this. The magnitude of the down moves is always at least so far historically, like you mentioned, more than overwhelmed by the up move. It's such a great trade off. You really should embrace corrections bear markets whatever you want to call it.
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