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You need to know when NOT to hold stocks long. When to short Big Caps. When to buy puts! Go long on Volatility Indexes. When to buy Bear ETFs on the S&P, Nasdaq, and small cap index's etc.
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All I want to know. Are you getting it? Did you learn to sell and take profits on long term trades before they disappeared? Do you know how to use the charts to make $ on bull markets and stocks but also know when to sell and short?