There are many reasons I started Smart Chart Investor. There are many reasons that I continue.
The most important reason I started was to show equity investors that it is possible to avoid most of the devastating losses associated with a buy and hold strategy where you just Buy and Hold and Hope. Read my book here.
The most important reason I continue is simply because what I do works. And, I want to be around when the next big dump starts to help us avoid the large part of the sell off.
This is what I do. This is what I have trained for my whole life. (I just realized I stole this line). If you can figure out who said it first you get three months free.
Trust me, I’m still learning. The stock market is the ultimate capitalistic battleground. Constant learning is required to succeed.
You can’t just walk on and bat for the Dodgers. You can’t just walk on and test your mettle against the pros in any high stakes games. Well, except the stock market. The only requirement to play is to have skin in the game. Just walk on and start playing. And, you can win.
It is the biggest game in town. I have been studying this for over 30 years and I have learned a lot. However, I think I have learned more from writing about it.
For me, writing about my analysis has been an interesting process. The writing part required me to think more deeply about the “market” due to the responsibility I felt about putting other people’s money at risk. The funny thing is that I never considered myself a writer or a deep thinker. I was like a medium thinker and never even considered writing much more than a check.
I have no idea what a medium thinker is either.
So, I feel a tremendous responsibility in writing my thoughts about what you should invest in. I’m probably becoming a little hyper sensitive to risk as I don’t want you to lose any money. I don’t like losing either.
At the end of the day, I attempt to provide low risk, high reward opportunities over many timeframes. Some trades last for years and some just last for days. Mostly, when the next big stock market bear starts to strut through town I will be shouting loud and clear.
Stock markets around the world are on fire. We have good exposure. Tech is ripping higher. We are overweight ETF’s vs individual stocks. I like this for now.
Price action is very bullish. I’m considering adding to more positions. I was hoping for a nice pull back to add but jeez, this is ridiculous…just keeps going up.
Sorry for the mini rant.
Loving the Fall weather. Harvest Moon tonight I think.
My granddaughter turned 14 today. Happy Birthday Brianna!
All the best to each of you,
Don