Uprise, by asking yourself "Why?"

Someone once described it this way: Sometimes you can be too focused on climbing the tree, and not focused enough on whether you're climbing the right tree in the first place!

It's funny how many books and courses and videos there are to help you become a better investor, but very few of them help you figure out the "why".  And that's arguably the most important question of all.

I hope you can spend some time this week thinking about the why.  We can do all sorts of things to help improve your decision making, help manage your portfolio risk, help minimize the impact of behavioral biases, help improve your investment returns.

But first, you need to think about the Why.

"Trend trading strategy"

 

"survivors"

 

"Many traders seem to use data on the economy, interest rate curves, volume or other things to decide where prices in their markets will go. I just look at the price and let all that other data be what it is. It may or may not influence prices, but if I just concentrate on prices, I’m tying my actions to the one thing that either makes a profit or loss in my portfolio. There’s less likelihood of being out of step with whatever the market is currently doing."

The real skill is not in making money. The real skill is in keeping it.

 

Now we'll see if this holds or folds.

 

leson #1 - "All large losses begin as small losses."

The Trend Rider: Trade like a Cheetah: Trade like a Cheetah   The cheetah. An endangered species who has survived against the odds. It has survived by using a simple set of two ...

Wishing you all a wonderful new year!! Let’s make 2023 a banner year!!!

purpose

 “a stable and generalized intention to accomplish something that is at once personally meaningful and at the same time leads to productive engagement with some aspect of the world beyond the self.” 

Based on history, US recession coming very soon.

"The Philly Fed State Coincident Index fell in 22 states in October. When the average 1-month index has fallen to 50% or less, the economy is usually at or near the early stages of a recession."

Today's surge on CPI, while strong enough to carry a little bit further in the near term, is a junk off the low rally led by the beaten down past leaders that are in strong down trends. To enjoy a sustainable new bull market, we need fresh new shares leading the charge.

long - way to go-)

"Traders are independent thinkers. They’re loners, they’re the lone wolfs out there. They do their own research, they eat their own cooking. They don’t have to rely on anybody else for anything. They don’t take their losses personally. They learn from them. They understand that there’s randomness. They understand that there’s good luck and bad luck, good timing and bad timing. And there’s self-sufficient."