I used to "invest" based on what I used. During the GFC my father lost 75% of his 401K bcs he always left it at high risk. This caused me to look for a better way.
It worked out great for him because he never sold, never changed allocations. My parents retired at 55 and 58.
Between 2009 to 2019 I tried several trading/investing programs. All ended up being the same. Garbage. I have a dislike and distrust of "typical" CFP/CFA.
I would say that @Hedgeye does have a system and a process that I actually learned something from.
But this to was something I out grew. I also came to a realization. It shouldn't have taken this long, but it did.
- WE ALL HAVE ACCESS TO THE SAME DATA. What we are paying for is how its being presented.
- No one will care more about your money than you will.
This game IS EASIER than ppl think it is. It’s NOT hard 2 win, but it can be if you listen to opinions vs the data, & you let those in this business make you believe you cannot do this on your own.
1/ Here is why I believe #investing & #trading is/can be easy if you just look at the (price) data. Not a diss to Hedgeye, Real Vision, or anyone else w/ an opinion (data or feeling based doesn't really matter)
Example $SPY 1M chart w/ Heikin Ashi, 21, 50, 100, 200 MAs +MACD
2/ Here is $SPY on a weekly with Quad *estimates* from the Macro Show slide deck, dates above each line.
1) Over the past month I have been asked abt my #investing#trading process from what I believe are ex or new @Hedgeye subs. This will be my thread on what I have learned from @KeithMcCullough & his team over the past 2+ yrs. I will NOT give you the keys, you have to do the work.
2) The only paid subs I have are to @Hedgeye (All Acess Pass) and @realvision . Everyone has an opinion & "process", BUT IMO H.E & R.V PROVIDE the best data based opinions and content.
Below is my core list of podcasts I listen to on a regular basis.
3) #RiskRanges. Seems to be the most misunderstood. KM has said it (x) times, they are dynamic & change as THE PRICE changes. Look @ them as KM's version of moving monkeys (MMs). Pull up your favorite chart, + however many MMs & watch it through out the day, all #'s change.