In the last weekly I discussed my general approach to trading (EVT analysis) and some trading opportunities in the current market. I define trading (speculation) as going long or short a security with the intention of exiting when the position shows a sufficient profit. Investing, on the other hand, is buying a security that is undervalued with the intention of selling it when it becomes overvalued.1 I look at trading as a modern-day form of hunting – through living a disciplined life and sharpening certain analytical weapons, I aim to meet my basic needs for survival. Just as we do not expect to amass wealth by playing the slot…
Read moreBlue Belt Market Update: Investing in the Market Today
