Editor's Note: Below is a brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.
I try my best to help you buy things before they bounce. Ideally, then we can sell some on the bounces and/or #overbought signals. That’s one way to make money. One way to lose a lot of money is to chase Bearish @Hedgeye TRENDs after they bounce. There’s a behavioral component to why many people chase high and freak out (sell) lower. It’s called loss aversion. Yep, bulls and bears bounce a lot. Our risk management process is built to help you differentiate between immediate-term TRADEs and intermediate-term TRENDs while keeping long-term TAIL risks (to the upside and downside) in context. |