Finding Long-Term Success in the Stock Market
Finding Long-Term Success in the Stock Market
To get this weekend newsletter, as well as daily charts, market commentary, and the full Wednesday ‘Daily Update’ video delivered directly to your inbox, join over 7,000+ other traders and active investors by subscribing to the Lund Loop.
A couple of weeks ago I got some terrible news. My goddaughter had been hit by a car.
Apparently, she was going to the mall and her driver dropped her off on the opposite side of a busy street, and when she attempted to cross, she got hit.
Fortunately, her injuries were minor and after a few weeks of physical therapy she should be back to 100%.
Upon first hearing the news, many of my relatives suggested she sue her driver for leaving her at such a precarious spot instead of taking the time to drop her at the entrance to the mall.
The only problem is, suing your dad is a bad look.
In Southern California, we have a car culture. Everybody has a car.
But we also have an outdoor culture where people are constantly walking and biking.
Unfortunately, sometimes those two cultures clash, often in tragic ways.
But the data is very clear about this; the two main reasons that a pedestrian gets hit by a car are lack of situational awareness - meaning not paying attention to traffic and traffic flows - or lack of risk assessment, meaning, someone misjudging their ability to run across the street before a car reaches them.
It’s the same thing in the stock market.
Situational awareness in the stock market means keeping your finger on the pulse so you know which stocks, asset classes, and sectors to be in - and which ones you should avoid.
It’s also about knowing when to be invested and how to identify opportunities when they arise.
In terms of risk assessment, that means learning how to measure risk, knowing how much risk to take on, how to manage it, and most importantly, when to be risk off.
People often ask me why I do the Lund Loop. What it’s about?
Well, it’s not about telling you which stock to buy or sell.
And it’s certainly not about get-rich schemes or promises.
It’s about helping people raise their situational awareness and their risk assessment skills so they can apply those skills to their trading and investing in whatever way works best for them.
That’s how you’ll find long-term success in the stock market.
The Lund Loop is about the intersection of markets, trading, and as you just saw, life - but it’s more than that.
It’s a community of traders and active investors who are committed to helping everyone crush the markets. Basically, we’re the anti-FinTwit.
If you’d like to take advantage of everything the Lund Loop has to offer, consider becoming a paid subscriber.
It should go without saying - but I’ll say it anyway - all opinions expressed in The Lund Loop are my own personal opinions and don’t reflect the views of my employer, any associated entities, or other organizations I’m associated with.
Nothing written, expressed, or implied here should be looked at as investment advice or an admonition to buy, sell, or trade any security or financial instrument. As always, do your own diligence.
