How do successful traders make better decisions?
Better System Trader
How to Protect Yourself From Overextended Markets
When there's euphoria in the market, you have to trade what you see. You don't know how long something lasts in terms of a good market or overextended market because it can be years. Even in an up market, an upbeat market that keeps on going higher or down market that goes lower. There'll be a lot of days that are not trading, right? So I don't know necessarily know how to protect yourself from things like that. All I can say is that you have totrade what you see and deal with markets as they happen.
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