I've Read Rat-Race Escape!
Read Millionaire Fastlane
I've Read UNSCRIPTED
- Aug 25, 2021
For trading stocks and bonds MJ recommended in Unscripted to use the three-three rule. It says that if any investment like stocks or bonds increase their value more than by three years of dividends in three months, the profits should be sold. For me, it looks like this rule has a generalized version depending on the volatility of the assets. What do you think about this? Can this rule be applied with a similar quality when trading more volatile assets like (some) cryptocurrencies?
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