Take the emotion out of your trading/investment and make capital protection your first priority. Have a good understanding of charts, and keep up to date on the World Macro. Not only should you never have to experience stage 6 because you were out at stage 5, you would be a buyer at stage 9. (Where the real money is made)
With the game as rigged as it is, Hold and hope investing has long since left the building.
RRS Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held