Learn the Discipline

Learn the Discipline Week Seven Summary (click image to enlarge) All positions closed or stopped out this week are trading at or below their exit price except AMZN which rallied after being stopped out. We have been rather conservative in our risk exposure over the past several weeks because the market broke support and was down trending. During this time that approach paid off by outperforming the negative return of the SPX as we mentioned last week. If the market forms a higher low in its current pull back from Thursday's high, that is the point we will become more aggressive in getting the Model Portfolio more fully invested. Remember, we want to think like a Master Chess Player thinking several moves in advance.