by Michael Carr | Aug 10, 2023 | 2023 investing, Banyan Edge, Buy and Hold, Investing, Investing Strategy, Investment Opportunities, Options Trading, risk management, short-term investing, Trading Strategies, Warren Buffett
Over the past few weeks in my articles, I’ve given you a quick crash course on the psychology of trading. I started by explaining how trying to avoid losses can lead to more losses. Then I discussed how our biases affect our opinion on the stock. This lead to us...
by Michael Carr | Aug 3, 2023 | 2023 investing, Banyan Edge, Investing, Investment Strategy, investor psychology, market sentiment, stock trading, Stocks, Trading Strategies
How we think impacts our investment returns. Some investors are rather surprised by this. They believe profits result from buying low and selling high. But it’s actually their thinking that determines whether prices are low or high. As an old trader once told me:...
by Michael Carr | Jul 6, 2023 | 2023 investing, Banyan Edge, investing strategies, Investment Opportunities, short-term investing, short-term strategies, trade room, Trading Strategies
Most long-term investors are content with making 10% a year, on average. They hope to do this for decades. Then, they’ll retire and enjoy their money. Sounds easy enough… But there are a few problems with this dream. One problem is most people simply don’t have enough...
by Michael Carr | Jun 15, 2023 | 2023 investing, Banyan Edge, Federal Reserve, Interest Rates, Investing, trade room, U.S. Economy
Legend has it that “Nero fiddled while Rome burned.” This legend is not true. First of all, the fiddle hadn’t been invented yet. And even if this legend is taken metaphorically, most accounts put Nero in Rome trying to help during the fire. This was in the year 64...