How Losing Everything in 2008 Taught Me to Stop Buying Weakness and Start Following Strength
The first time I opened a brokerage account, I didn’t know what the hell relative strength was.
I just bought dips.
In 2008…
And like clockwork, the market kept falling... and I lost everything in that little account.
Every damn dollar.
I remember thinking, “How do people actually learn to trade? Is this even possible?” It felt impossible at the time. But deep down, I knew I’d figure it out, I had to.
Fast forward a few years—I'd devoured every book, article, chart, and white paper I could find on relative strength (not to be confused with RSI—different beast).
Relative strength compares an asset’s performance to a broader index. If it drops less or climbs more, it’s showing strength. And strength attracts capital. Leaders lead. That’s the game.
But this flew in the face of everything I was ever taught…
Buy low, sell high... Where does that logic even come from?
Think about it. Like the great 80s hair metal band RATT once said:
I find strength—in life and in markets—and I follow it.
Cheers,
Jason
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