Market Cycles Flashcards
1
Q
How often do we have market corrections?
A
Every 7-10 years.
2
Q
What is most important to remember when it comes to market cycles?
A
Being in sync with the cycle. Align yourself with the run vs the pullback. Most people have losses during pullbacks or consolidation. In these periods, it is best to be in-and-out, quick trades.
3
Q
When trading pullbacks, what is super important to remember about your target?
A
To not stretch your targets. Get in and get out.