Steady profits in uncertain times, that's the dream of every investor. The question is, how do you achieve that goal?
Let's face it, there are a lot of distractions in this crazy world that we are living in. Those distractions, whether we like it or not, do play on our emotions and in turn, affect our decisions.
The same is true for making trading decisions. We are distracted many times by external events. These events, for reasons perhaps unknown to ourselves, lead us to make decisions that we ordinarily would not make.
Emotions are the #1 element to control when you are trading and certainly more money has been lost trading on emotion than has been made.
So what's an investor to do?
I'm not sure if your golf fan, but Rory McIlroy was the winner of the prestigious PGA golf tournament this past weekend. Not only is he an outstanding golfer, but the next 10 golfers behind him did very well and landed in the money. The point is, you don't have to be the very best trader in the world to make money. In fact, you can be pretty laid back and still do very well. But all of these golfers have one thing in common, they are focused on what they do and they do their very best to eliminate outside distractions. Eliminating outside distractions is one of the keys to their success, after all this is how they make a living.
Unlike professional golfers or traders, most non-professional investors tend to have a day job or are retired and perhaps prefer to play golf rather than watch their computer screen all day. Well, here's a solution for you to make steady profits in an uncertain world.
1. You need to have a game plan
2. You need to have a successful trading plan
3. You need to be diversified
Like a lot of things in life that are good, this approach comes in three simple steps.
We have three model portfolios that we publish everyday that provide you with the exact buy and sell levels to either enter a market or to exit the market. The following three portfolios have been used by many members of MarketClub for the past several years and have proven to be successful.
Our first portfolio we named our "World Cup" portfolio. This portfolio has been active for 6 years and has shown stellar returns every single year. You can find out more about this portfolio and the “World Cup” trading rules right here.
We named our next portfolio, the "Perfect ETF portfolio. This portfolio is extremely conservative, uses ETFs and does not short the market. With this portfolio your either in the market or out of the market in cash. You can find out more about the “Perfect ETF” portfolio right here.
Our final portfolio is the “Internet” portfolio. As everyone is aware, the Internet is playing an important role in our lives, whether it's for investing, news, maps, and general information, it seems as though we cannot get away from it. You can find out more information on the “Internet” portfolio and the stocks it trades right here.
Now you are fully invested, have a game plan, a successful program and are diversified, the odds of making steady profits have dramatically increased in your favor. Investing is not about wishing or hoping, it's about planning and implementing successful tactics and using programs that have proven their worth over time.
Every success using one or all of our portfolios,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
1) There has never been one single time in recorded history that was not filled with uncertainty.
2) Adam, or Jeremy, are you ever going to touch on the difference between incorporating and trusting your gut/subconsious, vs. the standard comment keep all emotions at bay?
Great post, Adam. In my view, it's about crafting the systems that overcome your human limitations. When you're too close to your trading activity it's hard to see the trees from the forest, and that's where lack of diversification and emotional trading stem from.
From a far perspective it's much easier to achieve what you're describing.