When the world is burning around you…
and there’s “blood on the Street”…
the last thing that one wishes to do…
One is afraid.
However, the most lucrative buys are the ones…
…at this point in time.
Everything in our brain- and bio-chemistry will be screaming not to buy.
We will now use this state of being as a buy tool.
You think I’ve let some kind of a secret out of the bag, or something?
Try doing it.
That’s the thing.
It’s most difficult to push through.
That’s also the reason very few people make big money in the markets.
Now let’s speak about exits.
Nobody really knows what’s a good exit, ever.
That’s because nobody knows the future in advance.
What we do know, is that euphoria can last long enough…
to wipe shorts out…
…as the recent shorters et al found out the hard way, in the US.
When there’s euphoria, we don’t feel like selling.
We want to make more, and more.
We feel that this can go on and on, ad infinitum.
Every bone in our body says hold on.
A sell made at this time could well nip a multi bagger in the gut.
However, our counter-intuition is speaking.
It’s already done us a service by providing us with great entries.
Let’s at least listen.
Tell you what we can do.
We can listen to it, i.e. we can exit, to some extent only.
That way, we’ll have exited and will still be in the market.
How exactly, then?
When we are feeling like this, and are experiencing prolonged euphoria…
…we can get rid of unwanted stuff.
As euphoria continues to rage, we target to make all wanted holdings cost-free, bit by bit, by exiting to that extent, ultimately and ideally.
Yes, ideally, we only want to be left holding cost-free items in the market.
From that point onwards, we don’t care where the markets are going with regard to our holdings.
It’s a sweet-spot, and we are in it because we have used counter-intuition as an effective and lucrative buying and selling tool.