Being Right Is Important

Remaining Consistent Is More Important

It’s true without question. Investors & traders prove this point every day. Being right is important but being consistent, especially when it comes to abiding by your “plan” is more important.

It’s proven that you can be wrong more than you are right as long as you minimize all losses and let your winners run. Understand what “kind” of an investor or trader you are first, day, scalp, swing or position, like me, then plan accordingly. I’m boring more often than not. That’s a good thing. I have watched more traders than not amount to being what I’ll label being a “flash-in-the-pan” as anyone can be “right” every now and then, everybody.

Far too many “newbie” traders think they know it all. Most have been involved in this industry for at least a year or two. They call themselves an “expert”. Nothing is further from the truth. Over 90% lose money over time, that’s a fact. Few are profitable over a longer term if they last that long. We’re different and appreciate the thousands of you who realize that and follow what we post. It’s easy, it comes from 55+ years of trading and investing the “right way”, our way. That’s just what we’re teaching. We thank you all for listening.

Being consistent is important. Following is another “paid” Substack post as that’s just what we are, consistent in our plan and our method to teach you how we do it. When a plan works, don’t fix it. We’re going to be doing more “paid” articles here on Substack. We want you to learn. First on The Ticker then reflected on LinkedIn, we are going to keep you informed of the actions we’re taking, what we’re observing and more. Watch for an email or two describing exactly where we are heading. Thanks for the direction. You’ve been a great audience, we just needed a way to do it better and consistently.