unfortunately clark kents got it right guys............
you hold a long term portfolio of quality blue-chips and youll prosper in a big way long term.
80%-90% in long term portfolio, 10-20% you can screw around with on species and a little trading for entertainment purposes.
the more ive traded in the past in high frequency , the more ive screwed up.
the way I think about things is - ive always got circa 15-20% less than what I have on paper
So ive already factored in a major correction/ mini crash into my long-term wealth.
Ive basically discounted back my portfolio for risk.
clarkys right
but tradings fun every now and then
ive made a killing on iron ores at the moment playing the hot sector momentum trades/positions
good luck all
but there aint gonna be no crash anytime soon.
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