When it comes to investing, my number 1 concept is called:"True North Investing"
When you are going through a week, or a day, or a month, you need to know ahead of time - your bias.
Are you bullish this month / this week / this day?
If you are bullish, then stick to only long trades.
If you are beraish, then stick to only short trades.
When life gets hectic, as I pick up my kids from school or trying to cook when these children are screaming at me.
Or - I am dealing with all my hedge fund stuff while managing my business at the same time.
It is important to remember your true north.
This is how I keep myself on the "right" side of the market, the side where I have developed a bias for ahead of time.
This also stops me from going against my system which is important.
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
In February, my goal is to help 5 people with no financial background master investing.
You will learn two strategies:
• Long-term investing with options — learn how to find discounted blue chip stocks using technical and fundamental analysis
You will also learn how to hedge during a bearish market to protect yourself
• Monthly passive income — learn how to generate cash flow for retirement or replacing/boosting part of your salary using options
Remember to go to the Classroom tab for additional investing resources.
Disclaimer: This communication is provided for educational and informational purposes only and does not constitute investment advice, a recommendation, or an offer to invest in any fund or strategy. No advisory relationship is formed by receipt of this content. Any references to strategies or markets are general in nature and do not reflect the performance of any client account or investment product.