When the market starts to pull back in August... At least 50% of traders will give back all their gains from April until now. Another 25% will blow up their accounts.
Cash is a position. Taking profits on the way up is how you stay in the game. Don't be greedy and don't average down.
When you see every sector selling off- Tech/Growth/Industrials/Banks/Crypto. This is a risk off environment. You have to be patient and wait for the market to bottom before scaling back in.
Rinse and Repeat. This is how you grow an account and protect yourself on the downside.
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- zingie·2025-07-24Solid advice! It's tough to resist the urge to chase, but patience truly pays off in a down market.LikeReport
- Jcll·2025-07-25yes, this is gonna happen!LikeReport