When you forget to update your trading strategies..!One of the most common problems in trading is having a single strategy!
If one strategy works for a while it is very good, but you should be ready for different markets.
We have at least 3 different types of markets! Bullish, Bearish, Correction.
If anyone tries the very same strategy during different types of markets, the result will be disastrous!
It seems ARK Invest still tries the same strategy they used in the past years. But in the past 3 months, they are more than 35% down and they keep ignoring money outflow and profit booking from their funds!
look at the result:
-1 PLTR
2- NASDAQ:VUZI
3- AMEX:ARKK
4- AMEX:ARKF
5- AMEX:ARKG
6- AMEX:ARKW
If you find these chart following the same pattern it is because:
Cathie forgot to ask Brett to update the trading algorithms!
Moshkelgosha
