Read? What was I thinking and feeling in Mar 2009 Bear market low? (2)
Did you read this ad in the newspaper?
"Profits of US$6,179 ..... Thanks GURUxxxx, I can now use your methods to achieve financial freedom."
Yes. It is most likely to be true; but for how long??? It is not that moment or period that counts. It is sustainability and consistency over market cycles that really define your success in investing or trading.
Back to what I was thinking from Mar 2009 to early 2010 ...
Honeymoon in the stock market
From Mar 2009 onwards till early 2010; it is the honeymoon period in the stock market where newBEEs can easily find Cheese and thinking that they can now use their new found knowledge and skills in trading or investing to achieve financial freedom.
The stock market is always moving the Cheese. One must continuously adapt their knowledge and skills to find the moving Cheese. Our success in finding Cheese can only be determined after at least one market cycle Bull-Bear-Bull or Bear-Bull-Bear or better using two cycles.
Don't ever mistaken your honeymoon as your new Found to financial freedom!