My 2 cents

The bull market has been kind to us but we have equally been waiting patiently for the market correction to take effect which is what I am most excited about, a chance to buy great companies on sale.....this does not happen every year but when it does, we need to be ready for it and take full advantage

A lot of people will be concerned buying positions when they have been beaten down, after all, they are beaten down for a reason, there will be countless arguments as to why they are that low too but we really need to focus during this time and stay strict with our strategy, if the correction is following a standard ABC pull back then that is all we need to see, then we wait and buy when support levels are found.

Everytime there is a change in trend, from Bear to Bull market and Bull to Bear market, there will always be money lost until the new trend is confirmed, this is all part of the process, this is why nobody can confirm the top or bottom, it is only confirmed when a support level is lost, tested again and then rejected, so percentages will be lost, don't get fixated on that.

If you have been following my portfolio then you should be ready for the correction, we have Chinese positions that are a hedge against the US market, we have Safe havens, Oil stocks and positions that are not in an extended Wave 5, $AMZN is our Mega Cap that we must make a decision on if the market starts its correction but we will likely only sell down to 50% of a position only, in order to buy again lower, everything else remains as it is now.

I do not buy fundamentally worthless companies, I mainly buy companies that are undervalued both in terms of their fundamentals and technicals, it helps me hold these positions with ease, so any position I have means I am confident about them and have no issue holding for long periods of time.

This is the aim of this group, to do what the masses can not do.