As I write this, I see the following 'Breaking News' on T.V.
1. Japan's Nikkei Index................. Down 11% TODAY !
2. Hong Kong's Hang Seng Index....Down 8% TODAY !!
3. This year - Dow Jones................Down 40% !!!
4. USA (only) Retirement Funds lost in last 3 months....$3 TRILLION GONE!!
You know what's happening. We haven't even scratched the surface.
This is what's happening to 'the herd' which follows 'conventional' wisdom because it's the 'safe' thing to do.
So much for that. [:-&]
Let me show you the 'Alternative' results that the 'social misfit', 'What Me Worry' handful of contrarians are seeing with The Venture Resource Group professional service providers who specialize in making profits in any market, up or down (What Me Worry?)
One professional trading group available to VRG members has these results in just the last two weeks, which is when much of this meltdown has been occurring.
Profits = +24% in two weeks time.
Average Win: $2,293
Average Loss: $ 753
Of 20 trades in this period: 13 Wins, 7 Losses
Profit Factor: $5.70 gained for every $1 dollar lost.
You do your own math.
We just uploaded a document to the 'Files ' section of this group. You got an email with a direct link if you want to fact check us on this or explore in more detail.
The question is simple....
"Where do you want to be? .....
....With the 'conventional wisdom crowd?
Or with the 'What Me Worry?' crowd?
Isn't it about time you hooked up with the right folks ? What are you waiting for ?
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