So I don't forget some of the strategy and disciplines I imposed to myself.
A long-term discipline is crucial in investment. Without a discipline that you follow, the human weaknesses- greed and fear, become the master of your action. Greed and fear make most people loosing money in the stock market.
In the last few days, S&P passed 1800, I sold most of my stock, RBS, MTG, AIG, BAC. Only about 25% are left in stocks. I plan to buy back my shares when it has 10% correction, expected to happen in Jan when the Fed Reserve announce the taper of QE.
