Guys, is the market actually right or wrong? In the short term, it’s always right; in the long term, it’s always wrong.

Arthur’s bottom line is simple: don’t fight it when it’s wrong—go with it and follow the trend.

The reason is simple: markets are made up of people, and people can’t control themselves, so naturally they can’t control prices either. If you can look past the people, you’ll see things a little more clearly.

But cause and effect always converge. Whatever you sow, you’ll eventually reap. There’s no escaping it.

So I never try to guess the top or bottom. I just figure out where we are in the cycle and which framework to use to assess it.

Don’t use excessive leverage or go all-in. Spread your positions out and take it slow.

If you’re smart, you’ll click my profile and find it.

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