What a good lesson this morning for those

who want to be a bear in a hurry and worried about missing some profits. Below is quoted from one reader's comment:

"This down wave already fell 50 points from 2012 to 1962. Do you think it is still in trap zone and not allowed to trade until we reach the real bottom. If this is correct then we will miss 50 or 70 or 90 points possible gain."

Such thought is not good at all ! It will SURELY hurt your trading because it is thinking the wrong thing!!

Again, the only rule for this game is NEVER HAVE A LOSER TRADE.

IF you can continue to win 5% gain in a year for only 50 times, your total return will be more than 1100% !!! In 2 years, the total return will be 13100%! In 3 years, the total return will be 150700%! In only 4 years, the total return will be 1729200%! You can beat anyone in the market so far !

The question is: can you keep the winning rate very high and scale your principle up to at least 10M ?

The market is a POWERFUL slaughter machine instead of an ATM machine. Keep this in mind and think twice for each trade will help us increase our correct rate !

I suggest to read "good time and bad time to trade" again !

A good trader need to be patient, need to learn how to relax, and need to know how to watch the market very closely for real opportunities ....

No position is worth holding if it is not making money because the position equals the RISK.

Watch the amazing sniper shot and learn how to shot in the market as well: