Moist_Lunch_5075 t1_j9lw22o wrote
Reply to comment by DesmondMilesDant in Wall Street Newsletter S02E07 : Why is there such a disconnect b/w Stock and Bond market? by DesmondMilesDant
I think we've had this convo before but I feel like this one was more productive. I don't remember specifics from before, but now is what matters hehe.
Yeah, this game is hard. We can all learn from each other with an open mind.
Let me know what you come up with for an alternate plan. It can result in cognitive dissonance to plan both sides, but the stress is a LOT less when you have an exit plan.
The trick is to put enough risk on the table so that you don't get shaken out easily, but that's a process that people have to go through to find their own appetite for risk. If you just want to put everything on the table and say "down or bust," cool... but just be aware that "bust" is a real possibility. LOL
It's really about being honest about the risks that we're taking.
And my advice is to be critical and check everything. Including what I say. Don't trust ANYONE in the market. Everyone's playing their own game.
You're a good dude, and I appreciate this conversation and your honesty.
Have a great weekend!
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