When a stock starts falling out of the sky, most of us freeze.
We become nervous, emotional traders.
We get caught up in the portfolio killer known as herd mentality. Instead of calmly assessing, we lose our minds.Read More
Herd mentality is a portfolio killer.
Always has been… always will be.
The reason for that is unfortunately simple. No one thinks as an individual.
Every day, one trader follows hundreds of other trades right off the cliff, and sells. No one stops to ask, “Why am I selling? What happened?”Read More
Sir John Templeton wasn’t your typical Wall Street money manager.
His Templeton Growth Fund averaged a 14.5% return for 38 years, crushing the major indices. Every $10,000 invested in that fund in 1954 was worth well over $7 million by 2005.
What set him apart was the fact he never had a forecasting system, an ability to get out before a big market crash, or any other hard-to-replicate strategy.Read More
Oftentimes, we’re told to ignore 52-week-lows on the idea that stocks making new lows will continue to make new lows.
We’re told, “Never buy a stock hitting a 52-week low…”
“Stocks in downtrends tend to stay in downtrends…”
“It’s too risky… It’s not safe…”Read More
The idea that drawing lines on a chart can lead to incredible profits has been a matter of contention for years…
Warren Buffett, Peter Lynch, and Benjamin Graham for example aren’t exactly fans of the idea.
Even in a world of charts, trend lines, and candlesticks, they have relied entirely on fundamental analysis to earn their famous fortunes.Read More
Whole Foods (WFM) has managed to run in place and go nowhere for more than a year.
Once a high-flier at $62.50 a share, the stock came crashing down to $27.50 where it has remained range-bound since October 2015.
And it looks as if insiders have had enough.Read More
Any Joe on the street can invest in a stock.
But to succeed with that stock, he or she needs discipline to invest well.
So the question then becomes, how?