Today I came across mention of “raging bulls” and to “sai
lang” when you spot one. I find it so
easy to spot one, that is, on HINDSIGHT.
But my broker won’t allow me to trade the left side of the chart. So how
do you spot a raging bull at its birth or inception? I don’t know.
Do you?
“Winning traders think in the present and avoid thinking too
much about the future….. .……………………………….. Turtles do not care about being right. They care about making money. Turtles do not pretend to be able to predict
the future. They never look at markets
and say: “Gold is going up.” They look
at the future as unknowable in specifics but foreseeable in character. In other words, it is impossible to know
whether a market is going to go up or down or whether a trend will stop now or
in two months…….A common expression that the Turtles and other Trend Followers
use is “The trend is your friend until the end when it bends”
.............CURTIS FAITH IN HIS BOOK "WAY OF THE TURTLES"
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