I tweet about trading, financial markets, & financial freedom. I also share what I find inspiring & motivating. I’m a trader & the founder of NewTraderU.com
The "buy the close, sell the open" strategy is now up nearly 1100% since 1993, while the "buy the open, sell the close" strategy" is still negative.
This shows investors and traders are rewarded for carrying overnight risk. $SPY
Charlie Munger said: “If all you ever did was buy high-quality stocks on the 200-week moving average, you would beat the S&P 500 by a large margin over time. The problem is, few human beings have that kind of discipline." 📉
