Rustico
You are not backtracking, you are taking a look at your opinions and it is healthy to challenge them. That is something I constantly do. I’m still stuck on this slow and steady thing. Regarding the big chunks of gains and consequently big chunks of losses, my feeling is that greed is a much more powerful and actionable emotion than fear. IMHO, greed compells people to chase risky opportunities while fear paralyzes them from making good decisions. I think you are onto something with the idea of a catalyst. Something that we dont see coming could certainly send the system in disarray.
