Many markets at key resistance or close to it last week suggest we could pull back this week and I would be a buyer of dips in risk. Breaks above and this meat grinder market will keep on going.
” [Michael Marcus - another top trader] taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money. ”