BlogApril 22, 2025Michael Covel

“My biggest fear is overcoming my instinct to jump back into the market prematurely…”

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I’m reading your book, The Complete TurtleTrader now, and have Trend Following on my table to read next.

My biggest fear [on trading] is overcoming my instinct to jump back into the market prematurely and buy the dip now, when I see that the futures are up, but that the trend is still down. First thing I did this morning was to check out the futures. Up over 300 already. Trend might be turning, but it is still down. Until I see the trend turn positive, ten over twenty, twenty over fifty, I have to keep reminding myself to stay out. I’m not selling anything, because I do believe that this market eventually will turn. But when that happens, I don’t know. Could be today. Could be six months from now.

Nicholas J.

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