Ep. 189: John Boik: Lessons Learned From Stock Market Legends
Investing With IBD
The NASDAQ
A lot of people struggle with is they don't want to be wrong and so they kind of refuse to sell uh and take that loss. If you're long in a market where 79 percent of the days are you're in a strong up trend then you're going to be right seven times out of four on a downtrend. The odds are still against the long side yeah but if you want to increase your odds significantly then you only trade in an upt trends on the long side.
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