One of the things that separates average traders from masters is one’s ability to identify risk levels…
Really, when you dig into trading, the entire “job” boils down to risk mitigation…
But the truth is: if we do a good job containing risk, the winners will take care of themselves.
And with earnings season upon us, risk is ramping up even more.
So here’s how you can protect your portfolio in even the most risky of environment.
Unless you’ve been out of the markets since October, it’s likely that you’ve experienced some sort of stress in this volatile market.
And no one can know for sure if the correction will continue or if there’s a recovery in sight.
But regardless of what happens next, this is the perfect market for one of my favorite volatility strategies.
I like to call it my double-down volatility system….
Well folks, we are officially in a New Yea but the volatility is still sticking around…
For instance, December 24 recorded the worst performance in history but this was followed by a record breaking 1,000 point day for the Dow on December 26…
And that’s why today I want to dig into the four corner of the market – and give you my outlook for the month of January.
Every January, without fail, the TV news networks run endless stories on the best New Year’s resolutions to make. You probably saw at least one today.
At the top of those lists is “make more money.” And by February, at least 90% of people have already failed.
Now that’s not because making more money is impossible to do… it’s not.
In fact, it’s a combination of reasons, including getting a lot of bad financial advice.
But this year, you’re not going to be part of that statistic…
Because I’m going to show you the three simple steps you need to make your 2019 the most profitable year ever.