Man…
Can you believe a new year is already upon on? It seems like yesterday we were ringing in the worst year on record – and here we are – 365 days later and it all seems to have happened in a blink of an eye.
We don’t need to rehash the dumpster fire that was 2020 – we know that it was trying times for all…
But for some of us, it was a bit more profitable than it was for others.
With a new year and a new President entering the White House – there’s no better time to come up with a smart trading strategy for 2021…
So, with that said, the Gorilla wanted to go ahead and give you 3 important things to keep in mind when deciding what to do with your money over the next 12 months.
Coming up with a plan is the KEY to making gains when playing the markets…
And with these 3 tips I’m about to give to you – it may be your most profitable year yet!
Antoine de Saint-Exupéry famously said, “A goal without a plan is just a wish”…
And he’s absolutely right.
The man who fails to plan better plan to fail…
And when you’re putting your money out there – the last thing you want to do is fail.
For some, it may just be a little bit of “play” money they’re dabbling with…
But for others, the Gorilla included, this is more than just a dalliance – it’s the way we make a living – and if I can help it, I want to leave VERY little to chance.
This is honestly why I developed the GorillaTrades system – I was sick and tired of feeling like I was gambling with my money…
The GT trading system gives order to the chaos – and takes the element of chance off the table – and this is probably why it’s become one of the internet’s most trusted stock recommendation services.
Now that I’ve tooted my own horn (beep,beep) – I wanted to help you come up with a winning strategy of your own by sharing with you 3 key aspects of trading that most people don’t think about, but should – if they want to succeed in the markets.
Tip #1: Profits Aren’t ALWAYS Going To Be Immediate
One of the biggest problems I see happening when people get into the markets or at least start taking it seriously – is that they get frustrated when the stocks they buy don’t always give them the returns they hoped for.
The market is… peculiar. It goes through ups and downs of various magnitudes on an irregular basis – with no rhyme or reason why sometimes. Newer investors likely have a very unrealistic view of the overall picture of the markets – and the fact is – the way we trade evolves…
It has to – as what works today may not work three months from now.
Don’t fall in love with doing things ONE way – you have to have patience, yes…
But you also need to know when your trading strategy isn’t working – just don’t pull the plug TOO soon.
The truth is, if there is one trait most effective investors share – it’s the ability to be patient and do little for long periods – but be ready to move quickly and decisively when the time is right…
Being able to shift from a patient state of mind to one of action take practice.
Tip #2: Predictions and Forecasts Are Bulls**t
If I had a share of Apple for every time somebody tried to sell me on predictions and forecasts – I may be a billionaire by now.
Seriously, so many people put so much stock into these things – when there truth is: the vast majority have been wrong or so poorly timed – they’re worth less than nothing.
Of course, Wall Street loves predictions and forecasts because that is basically what they sell…
But very few people really do the number crunching that is imperative to success.
This is what sets GorillaTrades apart from every Tom, Dick and JP Morgan out there…
We don’t predict or forecast – we look at the HARD data to make the determination as to whether or not a stock is worth our time.
Don’t focus on predictions – focus on due diligence.
Tip # 3: Trading Ain’t Easy – Which Is Why It Can Be So Lucrative
Investing isn’t easy – if it were – everybody would do it.
People think it’s so easy to make money investing – but that’s because they believe all those ads they read on social media…
But it’s not – it’s one of the hardest things you can do.
The reality is that investing is tough and that even the best investors lost BIG at one time or another – but the best investors are those who embrace the inevitability of poor trades and make them part of their process – and learn from them.
However, it is because this life is hard that it has the potential to be so rewarding…
But long-term market success is a daily slog that requires hard work and will often be disappointing – but it’s the strong who survive and THRIVE – and always keep in mind that nothing good comes easy.
Which is why you can ALWAYS become a subscriber to GorillaTrades – we’re here to do the hard work for you – and would love to help you get the chance to make a LOT of money.
Regardless of whether or not you join us or not…
Do yourself a favor and make a PLAN for 2021 – it’s the smartest thing you can do to protect your current and potential future wealth.
“Let our advance worrying become advance thinking and planning.” – Winston Churchill