What if indexes were never invented? How in the world would you ever trade? Think about it and you will get an empowering answer worth millions.

If you would stop worrying about where the “market” is going – has it bottomed? is it going to top? – and using labels like bullish and bearish to dictate your trading, you may have a chance at actually finding the best names and trading them successfully.

As a private stock trader in the 1920s, Jesse Livermore made $100 million ($1.5 billion in today’s money) and didn’t give a crap about indexes during a time when liquidity was a fraction of 1% of today’s. Stop making excuses and worrying about the indexes.

I sold half ITMG at profit, sold BRMS half at BE while XJO is down.