A lot of traders think of themselves as contrarians.
Unfortunately, when it comes time to pull the trigger on a contrarian bet, they freeze. They can’t do it. Fear rules the roost.Read More
We don’t always know to react.
Others of us only react when others react.
It really depends on what we’re told. For example, when the UK voted to exit the European Union, markets plunged as news spread. Many of us reacted with fear of the unknown.
Months later, the world was hit with a cyber security scare and there was no reaction.Read More
Try to see the positive in the negative.
It may sound like a popular proverb. But it’s how contrarians make their money.
Look at China in early 2017, for example. At the time, the world gave up on it, as the economy lost momentum. Short interest began to pile up. The bears were filing out.
No one in his right mind would touch the market.Read More
You’ve seen the headlines.
California’s water crisis is dangerous, just like Flint’s.
U.S. faces ‘nationwide drinking water crisis.”
The global fight for water is getting ugly.
We’re all here for the same reason.
To make as much money as humanly possible – with little risk as possible – in any market.
One of the best ways to do just that is by simply identifying where demand far outweighs supply.Read More
An old friend of mine just turned 50 over the weekend.
“Where did the time go,” he asked before we started talking about politics, the world, and money, which he’s still not up to par about.Read More