Dow climbs to record high, 2021 plan set?

What an incredible day on the market!

The Dow hit the 30,000 mark for the first time ever. Elon Musk became the second-richest man in the world.

We're going to cover all that ahead. But first, special news:
It may be the day before Thanksgiving, but Christmas is coming early at DPP.

That's because Rob Booker has reopened access to his November B.F.T. presentation for a very limited time.

He has some major trades planned for December, and he wants to give everyone one last chance to take advantage.

Watch this replay to learn what he's planning
Elon Gets Richer
Move over, Bill Gates: there's a new sheriff in town.

How did Elon Musk become the second-richest man in the world?

Tesla has been on a real roll lately, but it goes deeper than that.

Catch the details here
Dow Reaches Record High
Yesterday the Dow reached a brand new record high, passing 30,000 for the first-ever time.

That's a nice round number and a huge new milestone.

So what caused the shift?

Read our article to learn everything
Money is made by sitting, not trading.

That's the old Jesse Livermore quote. What does it mean?

Surely, traders need to trade. Sitting around doesn't give us anything.

Right?

Actually, sitting is how we can get a Monster Win.

Traders never get smarter in the middle of a trade. No one suddenly becomes a genius when the bullets start flying.

Split-second decisions under duress usually lead to disaster.

One quick, bad decision leads to another which leads to another knee-jerk reaction to counteract the previous action which leads to… garbage.

Or a margin call.

But if we can just sit still and let our system work, we can capture Big Wins.

For example, how would we get this Big Win on AAPL from the financial crisis to now?

How would we possibly buy at $3 and hold until $130?

By watching it every day?

How many news events have happened in the last decade that would have freaked us out of that position?

How many news events in the last year would have?

Not sitting, being active, would have turned that 4,000% trade into a 40% trade.

Or worse.

The first step is to believe in the system. Do research as long as you need to.

But once a system is chosen, stay out of it.

It doesn't matter if it's a decade-long trade or an hour-long trade.

Take a walk. Read a book. Do some push-ups.

Do anything that keeps you away until the trade is over.

If we want Monster Wins, sitting on our hands is the way to get them.

P.S.: If you want to check out how we find those Monster Wins, check out Rob's presentation while it's still available.

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument.
 
 
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