On changing one's mind (aka "flip flopping" on FinTwit) -
"Probably one of my greatest assets is that I'm open minded + can change my mind very quickly" - Stanley Druckenmiller
"In Wall Street, the man who does not change his mind, will soon have no change to mind" - WD Gann
"Probably one of my greatest assets is that I'm open minded + can change my mind very quickly" - Stanley Druckenmiller
"In Wall Street, the man who does not change his mind, will soon have no change to mind" - WD Gann
"If you bet, if the situation changes, you must change" - Stan Druckenmiller
"Those who fail to adapt to change, risk everything" - Bruce Kovner
"A wise man changes his mind, a fool never" - WD Gann
"Conviction. Conviction. Conviction. New facts. Change." - Marc Andreessen.
"Those who fail to adapt to change, risk everything" - Bruce Kovner
"A wise man changes his mind, a fool never" - WD Gann
"Conviction. Conviction. Conviction. New facts. Change." - Marc Andreessen.
"Warren and I are very good at changing our prior conclusions. We work at developing that faculty because without it, disaster often comes" - C. Munger
"Change. The investors' only certainty" - T. Rowe Price
When new facts emerge, I do change my mind quickly. Guilty as charged.
"Change. The investors' only certainty" - T. Rowe Price
When new facts emerge, I do change my mind quickly. Guilty as charged.
To the sceptics who think I fabricate my portfolio moves, I've been very open about my trading signal (5ema / 7ema cross).
If you see from this chart, 5ema undercut 7ema in early June which is when I sold all shares and went short #NQ_F
Its not voodoo, just trend following.
If you see from this chart, 5ema undercut 7ema in early June which is when I sold all shares and went short #NQ_F
Its not voodoo, just trend following.
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