Ray Barros says market headed down for 2 years
Master trader Ray Barros, CEO of Ray Barros Trading Group, predicts that the markets will be down for two years if the S&P 500 closes a week below 1217, which it did today.
He also goes on to give some advice on trading. He believes the breakdown of a successful trading equation would emphasize only 10% on your trading system, 30% on money management and 60% on psychology.
