September and October are historically the most dangerous months of the year for investors who hold long positions in their accounts. If you forget this lesson, it could very well cost you a fortune.
Next week will be the last full week of trading before the Labor Day weekend. This means we could see higher volume as traders close positions before the long holiday weekend. I can not overstress the importance of using good risk management strategy. My goal is to help you make profits by properly managing risk. Have a great weekend.
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