As an individual trader or investor, you must make up your own mind whether to join the battle or stand aside until it is over. If you are joining the battle, choose sides carefully and limit the amount of resources you are willing to commit. It is better to plan ahead and anticipate when others will join the battle to turn the tide of the conflict. You know that if your market breaches a particular price level, others will be prompted to join the fray and turn the tide so the opposing side capitulates. Focus on the overall goal of why you are involved in the market in the first place.
– Dean Lundell, Sun Tzu’s Art of War for Traders and Investors
