The last signal was a sell signal on February 22nd...
We were close to a reversal today, but, we did not get one...
Even if our forecast on February 27th is ultimately correct or not, it does not matter as long as we religiously follow our signals...
We do not want to get caught up in the emotional volatility swings of the market...This is when it is easy to let our emotions of fear and greed take over our trading instead of letting our signals do the job they were created to do...
To review our strategy:
JustSignals only trades based on the signals...
That is our trigger to take a position and our stop when the signal reverses...
We then sell our current position and take a new position in the direction of the new signal...
Making forecasts are a blast, especially if they come out right, but, we should not get fixated on future changes in trends or price targets that are forecasted...They may not come to fruition...
Past performance is not indicative of future results.
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