The key to success for any successful investor or trader is to have a plan and commit to it. This is how long-term wealth is built.
When markets have run this far this fast it can be difficult to keep adding money to your positions. This is true for everyone.
We get into different styles and approaches for building wealth using the stock market, staying invested, and not missing out while still managing risk.
Some like to let the automatic investing from taking a dollar cost averaging (DCA) approach do all of the work.
Others enjoy the BTFD strategy, which is simply waiting to buy dips when the market presents them.
And some of us enjoy using a blend of the two which gave us plenty to discuss over another great hour all about building wealth.
And if you had not yet noted, every Tuesday and Wednesday at 8pm ET I host an hour-long Spaces with an amazing panel of knowledgeable, experienced, and diverse speakers.
So, you can expect more every week!
Follow me @tradernatehere to catch them live and thank you for your support of A Trader’s Education.
-Nate
This service is for general informational and educational purposes only and is not intended to constitute legal, tax, accounting or investment advice. These are opinions and observations only. I am not a financial advisor.
BTFD or DCA Your Way Into the Market