After a volatile 2022, it would appear that the warm wind of 2020 and 2021 are behind us. Investing strategies are important.
For a welcome to the trading of 2023, I did a presentation on Tuesday about investing strategies to approach the turbulent trading market of 2023. A Better Plan. We have two primary goals. Protect capital, ride uptrends.
In the presentation, I drew some specific content references that compared to a prior breakout as one example of different tools to support an investment strategy. If you struggled in 2022 or would like some other ideas, Osprey Strategic is a very affordable service starting at $7 to check it out.
2022 was a year with a market that made a series of lower highs and lower lows. We don’t have the euphoric investment from the Fed helping us form lows in the market. This backdrop of high interest rates will create a world of approaches and the buy and hold mantra of investing in technology will be challenged again. With that, let’s kick off 2023 with a bang using more modern investing strategies.
Greg Schnell, CMT, MFTA