Investors Need to Think Like Traders Right Now to Maximize Gains – Here’s How
A lot of the advice and analysis we give out here on Total Wealth is geared toward investors – people who want to find the best stocks to grab and hang onto in order to build wealth over time.
There’s nothing wrong with that, of course, but I always say that being too rigid in your thinking is a great way to lose money in the long run. You can’t just “set it and forget it” and expect to come out ahead.
And in the current environment we have – a ton of dead cat bounces and short rallies in an overall bear market, driven by the ongoing hammer of interest rate hikes and structural inflation – you need to be nimbler and more mindful of what the market’s doing.
On the latest episode of Shah Gilani Live, I lay out how to walk that line: the right way to look at long-term positions right now, the principles that will keep you in the game, and the indicators that will tell you when you need to change gears. To catch the replay, just click here:
Keep an eye on your inboxes for more profit opportunities and have a great weekend!