Dear Traders,
I just recently read an interview with a very successful woman named Teri Ijeoma. She is trading and has learned it the hard way through years of mistakes and losses. Now she is past that and can actually live on the proceeds from her trading. This is one lesson she learned:
"I think one of the biggest mistakes was not learning from the people who had come before me and thinking that you had to do it all by yourself. There's so many good traders out there that have had systems that work. I wish I had known to even go to classes or do research earlier. Like even Investopedia. I'm so glad that you guys are around because... you can do so much research, and I didn't know back then, I just thought I had to figure it out."
Diversification
During these days of the Technology Bull era, individuals are directed to the Tech-stocks and mainly the MAG 7. Most people believe this is the way! Like a Mandalorian: THIS IS THE WAY!
But really? Is it the only way to invest? Give it all up to one Sector? How wise is that?
The bank always tells you to diversify...but not many do that today. That makes people exposed to a big risk. The risk of being on the wrong side of the door and not being able to get out once the bubble bursts.
The Way Forward
The Sven Connection Premium is constantly updating you on the 11 Sectors in the Stock Market and will find profitable trades along the way. THIS IS THE WAY!
For just $19 per month, you get diversification and you will be able to follow the best performing sector through time frames. We have:
- A Premium Portfolio with a nice selection of stocks.
- We have suggestions on ETF's.
- The Daily News Section is doing Daily updates on possible trades.
- Most importantly of all, the 1-2-3 Trades that go from start to finish!
Recent Trade
This week we had a unique USEG trade. That one required close attention because it took place within the hourly time frame on January 21st. We sold happily with a profit of +102%.
This is the trading chart of USEG in a 15 min time frame:
It was a day trade. I did not know that before I started it. I have followed it for a couple of weeks waiting for the right moment to board. Several factors were favorable. In TSC Premium you will get the full explanation this weekend.
If you are interested in trading stocks, gaining skills from experienced traders or want to share your knowledge, you can sign up for TSC Premium!
Thank you for reading and you are welcome to join!
Best regards,
Trader Sven
Related: Sven's Happy New Year Results
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