Homepage / Portfolio / Special Reports Adding a Previous Winner for the Next Big Run I made every mistake in the book as a newbie.
I wasn't aware of it at the time, but my blunders were because I relied too much on gut feelings and emotions – basically greed and fear. Chasing hot stocks. Catching falling knives thinking they have to turn around. Fear of missing out. Fear a stock can't possibly keep going higher.
It was an inauspicious start. My boss actually took the opposite side on trades and made money while I was losing it.
But I'll take credit for one thing. I realized early on that I needed to change my approach to succeed, and the biggest change I made was removing emotions from my decision making. I now limit my gut instincts to menu choices at dinner.
But it sure was worth it – for me, and now I hope for you as well. Identifying the right data and then analyzing it the right way has produced immense gains – the kind that help you achieve your financial goals.
I mention this because we are in a time of year when emotions tend to influence our investing and can lead to costly decisions. Staying focused on data helps us avoid those mistakes.
I also bring it up because I want to tell you in this month's issue about a previous 10-bagger that data discovered for me, and this stock is again setting up for more big profits. It's a great company transforming an age-old industry with its technology. It rates well in my system, and we're seeing those Big Money buy signals.
I have all of the research, data, and analysis for you in the new TradeSmith Investment Report October issue.
We'll also check in on our portfolio, which has had a great month. Even the market had a good September, which bodes well for the end of the year. In other words, everything continues pointing to a big run to finish the year and even bigger profits on our stocks. Access Your October Issue Talk soon, Jason Bodner Editor, TradeSmith Investment Report |
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