Nobody likes to be wrong. And it’s that sentiment that causes many investors to lose their shirt — taking a loss is proving exactly that… that you’re wrong. It’s been proven that investors tend to sell their winners too early, satisfying their desire to be right, and hold on to their losers too long, hoping that they will not have to take a loss and be wrong. The simple fact is that we as investors will be wrong from time to time. But it’s whether you admit your mistake and move on that will determine whether you’re an average investor… Read More

Nobody likes to be wrong. And it’s that sentiment that causes many investors to lose their shirt — taking a loss is proving exactly that… that you’re wrong. It’s been proven that investors tend to sell their winners too early, satisfying their desire to be right, and hold on to their losers too long, hoping that they will not have to take a loss and be wrong. The simple fact is that we as investors will be wrong from time to time. But it’s whether you admit your mistake and move on that will determine whether you’re an average investor (generating only 2% per year) or an extraordinary investor. Or as investing legend George Soros once said, “It’s not about being right or wrong, rather, it’s about how much money you make when you’re right and how much you don’t lose when you’re wrong.” #-ad_banner-#Investors have a hard time controlling their emotions, which often leads to small losses turning into large ones. When a holding is down 25%, most investors tell themselves either that A) they’re not going to take any action because they’re in it for the long haul, or B) they’ll sell once the price gets back to… Read More

“This could be one of our best shots at a triple-digit return in 2017.” This was what I said at the start of this month. And it remains true. Despite a recent hiccup in the stock price, I still believe a rebound in uranium prices will propel my pick in… Read More

After flirting with the major psychological milestone of 20,000, the Dow Jones Industrial Average finally eclipsed the mark on Wednesday, January 25. It seems as if nearly everything has been going up since the financial crisis of 2008-2009. With this bull market going on eight years, it’s hard to believe there’s any stock out there that hasn’t seen a surge. After all, a rising tide lifts all boats, right? But believe it or not, there’s one sector that’s fallen for six straight years — a feat that hasn’t been accomplished since the Great Depression. At some point, the pain and… Read More

After flirting with the major psychological milestone of 20,000, the Dow Jones Industrial Average finally eclipsed the mark on Wednesday, January 25. It seems as if nearly everything has been going up since the financial crisis of 2008-2009. With this bull market going on eight years, it’s hard to believe there’s any stock out there that hasn’t seen a surge. After all, a rising tide lifts all boats, right? But believe it or not, there’s one sector that’s fallen for six straight years — a feat that hasn’t been accomplished since the Great Depression. At some point, the pain and suffering have to end. There is no lower low. The bad luck runs out eventually… and when such a hated and beaten down sector finally turns the corner, huge returns typically follow. Consider coal. After five consecutive down years — and an 87% plunge — coal stocks finally turned the corner and rallied 98% in 2016, making it the best-performing industry of the year. Gold shares a similar story. From highs in 2011, prices dropped about 45% to the 2015 lows before rallying about 30% in the first half of last year. —Recommended Link— Want A… Read More

The concepts, designs, gadgets — everything that is being showcased — provide a glimpse of the future. Every January thousands of people from around the globe converge on Las Vegas to attend the biggest trade show in the world. Incredible innovations and mind-boggling products are presented at the International Consumer… Read More

It’s hard to believe, but we just wrapped up the first full week of trading since Christmas. And one of the major questions for 2017 has been when the Dow Jones Industrial Average will hit the major psychological milestone of 20,000. #-ad_banner-#The Dow has been flirting with the 20K mark since December, moving as close as 50 points on Wednesday, January 11. But what does hitting 20,000 really mean for investors? The short answer is “nothing.” It’s simply our fascination with large round numbers — Y2K, when your odometer clicks to 100,000 miles, making over $100,000 or $1 million in… Read More

It’s hard to believe, but we just wrapped up the first full week of trading since Christmas. And one of the major questions for 2017 has been when the Dow Jones Industrial Average will hit the major psychological milestone of 20,000. #-ad_banner-#The Dow has been flirting with the 20K mark since December, moving as close as 50 points on Wednesday, January 11. But what does hitting 20,000 really mean for investors? The short answer is “nothing.” It’s simply our fascination with large round numbers — Y2K, when your odometer clicks to 100,000 miles, making over $100,000 or $1 million in annual income, etc. On a more psychological front, Dow 20,000 means that those large 1,000 point moves aren’t what they used to be. You see, when the Dow finally doubled from 1,000 to 2,000 in 1987, that move represented a 100% advance. But a climb to 20,000 from 19,000 is a meager 5% rise.  It just so happens that the Dow nearing 20,000 comes at the beginning of a New Year, when analysts and investors try to predict what’s in store for the next 12 months. If you’re interested in this sort of “fortune-telling,” here are a few predictions:… Read More

Construct a game plan, and I promise you will become a better investor.  With proper planning and perseverance, Profitable Trading’s Jared Levy became a successful trader at a young age.  After reading today’s essay, I hope you, too, will understand the importance of strategizing in order to maximize gains. By the time Jared was 18, he was making $600,000 a year. He was also one of the youngest-ever members of the Philadelphia Stock Exchange. But without goals and a roadmap with which to achieve them, Jared wouldn’t be where he is today.  Before I get into the details of how… Read More

Construct a game plan, and I promise you will become a better investor.  With proper planning and perseverance, Profitable Trading’s Jared Levy became a successful trader at a young age.  After reading today’s essay, I hope you, too, will understand the importance of strategizing in order to maximize gains. By the time Jared was 18, he was making $600,000 a year. He was also one of the youngest-ever members of the Philadelphia Stock Exchange. But without goals and a roadmap with which to achieve them, Jared wouldn’t be where he is today.  Before I get into the details of how Jared made so much money in the markets, please note that his investing strategy involves options, and options involve leverage.  Don’t let those words scare you. Jared’s approach is perfectly suited for beginners. In fact, I’d venture to say that they’re ideal for someone looking to cut their teeth in the investing world.  I know that sounds like a bold claim. Most investors think of options as an advanced, risky strategy. But this couldn’t be further from the truth.  Whether you want to dabble in options or not, I urge you to continue reading. What I’m about to explain will… Read More