Initial thoughts on my strategy for the CNBC million dollar portfolio challenge...
I should probably stick to what I know, which is price action forex only....it is tempting to try my hand at stocks, indexes, commodities, etc., since there is a lot of play money available (what would Warren Buffet do?)...but I don't understand these markets, so I will stay out of them. That's ok, can make money with forex markets only. Now, to be aggressive (the person with the most gains, wins), or play it as I would if it were really my money to lose? I think I will go for a medium risk plan of choosing high quality trades only, and risk more than I normally would. Still a few weeks to think about this...
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