BlogJanuary 16, 2022Michael Covel

“I’ve been “investing” intermittently and making big bets without taking the time to learn how to invest or trade (equities and options)…”

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I’ve been “investing” intermittently and making big bets without taking the time to learn how to invest or trade (equities and options). I have had good “ideas” but knew very little about risk management, trade structure, etc. I’m now in my mid-50s losing patience and too much money “buying and holding” through big price action moves on these “strong” fundamental companies. I have not taken the time to learn this skill seriously. I have decided to learn and do this full-time starting this year. I’m putting myself on a tight leash to get things moving quickly but also know there is so much to learn in order to capitalize on the opportunities that may arise in any market condition.

Trying to find the right path forward based on my personality.

Thanks,
Jean

I have never seen a trading personality test that corresponds to some particular trading strategy. That blunt? Yes.

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