Justification for being long, short, or flat

JustificationMany people don’t realize this, but it is always possible to find justification for being long, short, or flat any market at any time. This is why we have to narrow our scope and define our trading strategies clearly–it’s always possible to find justification to do whatever you want. It’s impossible to overstate the importance of that point, so please read it a few times!

You can always, at any point in time, find justification for executing whatever trade you want.

Adam H Grimes

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites