Taking Profits Too Early?
by | Posted 5.28.2012 | Post Comment (No Comments)

Last Monday turned out to be a disappointment for some because I did not have any new trades. I’m sorry to say that I will disappoint again. I do expect to resume making those picks next week though with a fresher mind. I’d love to always be making new picks but when you are on a losing streak, it sometimes makes sense to take some time to reflect on what has gone wrong to see if any adjustment is required. I would rarely make such a change in the middle of the year because I like to think those through but it’s always possible. In that sense, the reader’s email that I discussed last week was very helpful. It’s always good to get secondary opinions. Today, I wanted to discuss two last points regarding that email. Here is one more quote from that email:

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