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How do you develop a trading philosophy?
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Stop giving to much a f*ck about the market

My philosophy is simple: Stop giving a shit. Let me elaborate on this attitude:
1. I do not give a f*ck about low growth times, high growth times, ATH, support or resistance. Technical analysis works until it doesn't. I do not care if the market goes up, down, left, right, sideways or banana shape Seriously, I really do not give two shits. Im not risk averse so it doesn't matter in the long term.

2. I cannot predict the future, and I cannot time the market. Personally, I believe that time in the market is superior to timing the market (as per academic studies). Therefore, I invest on average, half of my pay, every time I get paid (i.e. every two weeks) because I am boring, I do not give a fuck about market volatility, and I do not have materialistic wants or needs.

3. You should consider investing in an "index exchange traded fund" or "index ETF" if you are risk-averse. You reduce your investment risk via diversification. As well, most, if not all, academic studies reveal that average retail investors (such as you and I) will under perform an index ETF over the long-term.

4. Recessions, crashes, dips, depressions, or whatever the f*ck people here want to call it is good for you as long as you are not buying shit/garbage and as long as you have a long time horizon. When these events occur, this should be seen as a time of opportunity and do not panic. Embrace this shit since everything goes on sale; and therefore, you get to buy more shit at a discount. Do not fear these times, embrace them with open arms and let the weak minded people panic sell to you.

5. I do not give a f*ck about fear-of-missing-out (FOMO) or what kind of short term gains I can make between now and a few months or years. I am not trying to get-rich-quick. Investing is a long-term game for me, my mind is on the future, and building wealth slowly through the passage of time;

6. DCA and keep building wealth consistently. Make it your habit and lifestyle.

7. Finally, for me, the biggest point is to stop giving a shit what happens in the world, economy, politics, and/or stock market (with respect to how it affects your purchasing behavior). It's toxic if you give them too much attention. You should have an unshakable discipline in your plan to buy well-established, high-quality, companies with wide economic/competitive moats as well as a proven track record or a globally diversified index ETF every two weeks until you retire or die (at least I will be).

That is my opinion and philosophy on investing. Again, it is plain and simple: stop giving a f*ck. I am not saying that I am right, but this is how I choose to invest. Good luck with both personal finance and investing! Wishing you all the best! =)
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    Invest in the future 🧑‍🚀🚀
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