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Forcing Things to Work

We've all faced situations in our lives where things just weren't working out. Instead of walking away from the situation, we sometimes choose to try and force a fit.

Whether we're talking business, career, or investing, it's often more prudent to cut losses early on -- or to avoid a situation altogether. Imagine you've been watching a certain stock fall in price over a long period of time. You may think the stock is "cheap" now, but as I always say, there's almost always a good reason a stock's price declines dramatically. Or maybe you already bought a stock that keeps falling, and you keep hoping it'll recover. In real estate, too, I've seen folks decide they "must have" a certain property, regardless of timing or price.

As a wise man once said, the only constant is change. Certain stocks that at one time seemed like no-brainers to buy, will evolve into investments you don't want to touch with a ten-foot pole. So, before we put the notion that we must make certain situations work for us, we need to step back and look at the big picture.

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Master Trader Joe Ross wants you to learn trading and he created products to do just that, teach you how to trade. Go to our website to find which ones best fit your trading style. Check out "Our Philosophy".



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Tuesday, 25 June 2024

Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.