On this week's edition of Trading Simplified, Dave revisits his discussion on how simplified technical analysis boils down to performance: you buy markets when they are performing well and sell them when they are underperforming. He then explains why even longer-term investors must factor performance into their investments. (Spoiler alert) Otherwise, you risk losing half of your money--or more! Dave then begins his discussion on a little-known secret to trading: patience. He introduces the various forms of patience that you'll need to become a successful investor or trader. He also begins his discussion on how you might be delaying your success.
This video was originally broadcast on May 18, 2022. Click anywhere on the Trading Simplified logo above to watch on our dedicated show page, or at this link to watch on YouTube. You can also watch this and past episodes on the StockCharts on-demand video service StockChartsTV.com -- registration is free!
New episodes of Trading Simplified air on Wednesdays at 12:00pm ET on StockCharts TV. You can view all recorded episodes of the show at this link. Go to davelandry.com/stockcharts to access the slides for this episode and more. Dave can be contacted at davelandry.com/contact for any comments and questions.