fy13 has ended. what will fy14 bring? , page-2

  1. 1,073 Posts.
    No idea. All i know for certain is that since developing/following relatively simply trading systems im absolutely miles ahead.

    Completely eliminates any emotions or theory's on how the markets should be behaving. No holding stock when its in a d/t and deemed 'undervalued' (yet continues to tank) No averaging down, no picking bottoms or tops etc etc

    All part of the traders/investors journey. To be successful (not just lucky in the s/t) in the long term i believe a trading plan and risk management is paramount.

    Took me yrs to work that out. Something so simple and logical. Some ppl are great forecasters (in the f/a realm) but im not.

    Best of luck everyone for the fin yr ahead. Hopefully ppl keep evaluating performance and learn by past mistakes.

    Cheers

    Karl
 
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