Nasdaq Reaches 15 Year High Is It Safe To Invest Now?
I had this question posed to me several times yesterday. As I am not a registered investment advisor rather a mentor for trend following, I discuss trend following rules. More so I teach my students to be their own Guru. Learn to trust themselves and to make decisions and even more importantly accept the outcome.
Trading is tough…there is never really a safe time. The only known is the unknown. However with Trend following rules one put themselves in the position to potentially benefit.
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With the exception of some long plays, I'll stay away for now. I'd rather deal small caps and penny stocks now...
Really? Penny stocks are fraught with risk...
I agree but so are the markets at these levels. I'd rather buy 300k shares at.02 than $6k on Disney, Costco, ect. It's just too high for now.