Know what you own, and know why you own it.
Understanding your investments is crucial. Blindly buying a stock without knowing the business or the factors affecting it is risky. Invest in companies you can analyze and feel confident about. The key to making money in stocks is not to get scared out of them. Market volatility is normal. Many investors lose money because they…
The Psychology of Trading and the Importance of Risk Discipline
Subconscious biases and emotional tendencies often drive traders to self-sabotage, leading them to make decisions that align more with their hidden desires than their financial goals. Some traders subconsciously “win” by losing money, reinforcing their own behavioral patterns. Additionally, the balance between boldness and caution is crucial; while high-risk strategies may lead to short-term gains,…
What Does a Registered Investment Adviser (RIA) Actually Do?
An RIA is a financial professional who is registered with the Securities and Exchange Commission (SEC) or a state securities regulator. We are legally bound to provide fiduciary advice, meaning we must act in your best interest at all times. Unlike brokers, who may be incentivized by commissions on the products they sell, RIAs operate…
Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1
Losing money means you lose your base for compounding returns, which is essential for long-term wealth growth. Avoid unnecessary risks. The stock market is a device for transferring money from the impatient to the patient. Successful investing often requires patience. Those who chase quick gains or panic-sell during downturns end up losing to disciplined, patient…
The Art of Risk-Reward Management and Capitalizing on Market Uncertainty
Even if you’re wrong most of the time, your wins can outweigh your losses if you properly manage your risk and position size. Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected Markets often price in common knowledge. Profits lie in…
Survival and Risk Management in Dynamic Financial Markets
Financial markets are ever-changing. Traders and investors must stay informed, adjust strategies, and be flexible to survive and thrive Don’t focus on making money; focus on protecting what you have Risk management is paramount. Avoid being reckless with your portfolio. Focus on minimizing losses before chasing profits.
The Profit of Patience
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money
The Power of Patience
If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money
The Unstoppable Drive
When I was younger, there was something in me. I had passion. I may not have known what I was going to do with that passion, but there was something and I still feel it. It’s this little engine that roars inside of me, and I just want to keep going and going
The Wisdom of Caution
There are old traders and there are bold traders, but there are very few old, bold traders