Some investors like their strategies wrapped up in nice, neat packages that have catchy names or mantras. FANG stocks, anyone? How about the Nifty Fifty, for those of you studying market history? Or "the trend is your friend"?
These mantras may sound nice, but following them can wreak absolute havoc on your portfolio…
Of course, one of the biggest is "sell in May and go away." But investors who follow that are passing up massive returns.
It actually used to be a pretty good philosophy because it exploited the seasonal cycle in the stock market. And by "cycle," we mean that the market tended to be strong in the winter months and weaker in the summer.
Notice the use of past tense. Since the financial crisis, this trusty old saw has not been much better than a crap shoot. Sometimes it works, and sometimes it doesn't.
A "Blueprint to Financial Freedom": America's #1 Trader used this secret to become a millionaire. Now he's sharing it live on camera – and you could learn how to set up a series of $822… $1,190… $2,830 payouts every single week.
In fact, avoiding the markets in May, or in any month, is one of the worst mistakes investors can make. There's no reason to pass up gains because of some outdated way of thinking.
And for May 2018, Money Morning Options Trading Specialist Tom Gentile has created a three-part plan for subscribers so they can bank massive profits from this month's volatility.
As Tom will show you, reading the signs the market gives you is much easier than you think.
Here are Tom's three strategies for beating the markets…