You don’t have to be right too often to outperform the markets. In fact, the strategy introduced in our upcoming book, the one that doubled (almost tripled) a Buy and Hold approach has a win rate of only 47%! That means it is wrong more than right. How can that be?? How can you be wrong […]
When the market is not healthy, you should not be invested, period. For me, this was one of the hardest concepts to grasp in my early years. In fact, as you will see with our trades in the appendix, using the strategy in this book, you will be out of the market almost 40% of […]
The following story is a great example that can applied to trading and a willingness to sell when you only have a small decline. It is quoted from the book, The Psychology of Speculation by Fred C. Kelly. I also use this example in my book, Buy and Hope which you can ‘Look Inside’ at Amazon here A little boy […]
Not much can stop the imagination of a little boy, particularly when his older brother is as adept at scaring the lights out of his bro as my brother was. I remember one particularly ‘effective’ moment when my brother contributed to my now balding scalp by scaring the day lights out of me. ==Below is […]