Stocks & Commodities V. 44:07 (16–20): Exiting The Trade: How To Avoid Being The Greater Fool by Perry J. Kaufman

Stocks & Commodities V. 44:07 (16–20): Exiting The Trade: How To Avoid Being The Greater Fool by Perry J. Kaufman
Item# V44C07_148KAUF
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Exiting The Trade: How To Avoid Being The Greater Fool by Perry J. Kaufman

Exiting a trade before the top in a major rally is ideal in trading. Here’s a test of various scenarios in search of the best approach for knowing when to exit, using recent action in the silver and crude oil markets.

There is always an opportunity in the markets to be the “greater fool.” I’ve done it in the past and smacked my head afterwards, saying, “what was I thinking?” For those not familiar with the “greater fool” saying, it is the action of an investor who buys an overvalued asset ...




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