Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Friday, December 5, 2008


Good opportunities will come at some point next year and we want to be ready to take a position to make a lot of money at that time.

We may be currently trading a winner in and out on a bear rally in the year ending or on some window dressing activity. I suggest we take profit and put it back in our cash chest. If we must trade, use only 20% of our cash chest. Losing money now is foolish and we'll forgo that opportunity for better rewards next year. This is the season we need to wait for something to come along that we know is right.

In the meantime, educate ourselves about broader market trends and trading patterns so that we will be in a position to gain more the next time real opportunities does come. The fortune that comes to those of us willing to to invest time and effort in will be enormous.

No comments: