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3min chapter
Spotting Trends that Produce Market Beating Returns
Stansberry Investor Hour
I'm Not a Value Guy, I'M a Trend Following Guy.
Micheal: Maybe it's worth just having a pause moment over the holidays and doing some assess. He says you have to buy at the peak to really get hurt by those sideways periods. If your dollar cost averaging into a four o one k overtime, you're going to contribute, he says. But if you're an active investor and you're buying and selling and trading, then man, if you don't have stops in place, are you royally screwed? Michael: We agree on that. A bear markets are brutal. It's really hard to make money short or long anywhere throughout a bear market.
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