A couple of people have seemed worried that I took some time out from the markets last week. Did I have a crisis of confidence? Not at all. Going on trading just didn’t feel right, so I stopped and thought it through. One of the good things about trading, as opposed to investing, is that you can close your positions and take a holiday; the markets will still be there when you get back, and there will always be another trade.

I had a very productive couple of days; some of the thoughts that I had are summarised in this post.

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