I said it the other day, and I'll say it again.
The markets are broken.
It's not that they're not functioning on a daily basis, pricing risk and assets and performing their price discovery duties. They are doing that – or at least trying to.
Those are the little, daily things that markets do, and there are things there that are broken. (I'll get to those things another time.) Think of these little, daily things as the "hows" or the "mechanics" of buying and selling.
Now think of the big things as the "whys" or the "psychology of investing."
Those are the things that are broken.
Until they are fixed, or "things" change drastically, we are in for some really wild swings in the months, quarters, and years ahead.
I'm going to point out all of these big things to you, over time. But right now, I'm going to focus on just two.
No More Buy-and-Hold Believers
First, there are two types of players in markets: investors and traders.
It used to be that investors dwarfed traders – by a huge margin.
But that's all changed.
There aren't that many truly long-term investors any more. It's too dangerous to be an investor in the traditional sense. That's why most investors, at least those that call themselves investors, are really all traders now.
About the Author
Shah Gilani is the Event Trading Specialist for Money Map Press. In Zenith Trading Circle Shah reveals the worst companies in the markets - right from his coveted Bankruptcy Almanac - and how readers can trade them over and over again for huge gains.Shah is also the proud founding editor of The Money Zone, where after eight years of development and 11 years of backtesting he has found the edge over stocks, giving his members the opportunity to rake in potential double, triple, or even quadruple-digit profits weekly with just a few quick steps. He also writes our most talked-about publication, Wall Street Insights & Indictments, where he reveals how Wall Street's high-stakes game is really played.