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EP 115 Gaining A Financial Edge with Smart "Revesting"

Money & You with Michelle Perkins

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Episode  ·  47:34  ·  Jan 22, 2024

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In this episode, Michelle Perkins interviews Chris Vermuelen, the founder of TechnicalTraders.Com, about his alternative investment style called asset "revesting."- Chris shares his expertise in using technical analysis and risk management to achieve higher returns and lower drawdowns in the stock market.- He emphasizes the importance of controlling emotions and understanding market trends to make informed investment decisions.Main Topics Discussed:1. Chris's Background and Investment Journey:Chris has been involved in trading and investing for 26 years and has explored various styles, including options, futures, swing trading, day trading, and scalping. He has devised his own technique of participating in the market highs and staying out of market downturns to optimize your investing experience and results.He is passionate about sharing his knowledge and helping investors achieve financial independence.2. Emotional Aspects of Investing:-Chris highlights the emotional nature of the stock market and how it can affect investors' decision-making.He recommends taking assessments such as the Myers Briggs personality test to understand how your brain perceives and senses events such as market movements.By controlling emotions, investors can achieve clarity and freedom in their investment strategies.3. Asset "revesting" and Market Trends:Chris explains asset "revesting" as a strategy that focuses on identifying strong trends in the stock market.He compares the stock market to the ocean, with wave patterns representing market movements.By identifying assets with significant upward trends, investors can ride the wave and profit while avoiding market declines.Chris emphasizes the importance of recognizing when a trend is weakening to protect profits and exit trades.4. Technical Analysis and Indicators:Chris discusses the use of technical analysis and indicators in his investment approach.He explains that most indicators are based on the price of the asset being analyzed.By understanding the layers of the stock market and how different factors interplay, investors can make more informed decisions.5. Diversification and Multiple Investment Opportunities:Chris addresses the misconception of diversification by highlighting that the stock market is one asset class.He suggests diversifying by focusing on assets with strong trends rather than spreading investments across various stocks or sector ETFs.Chris also emphasizes the importance of pursuing multiple passions and leveraging opportunities to make money.Key Takeaways:- Emotional control is crucial in investing, and understanding one's personality can help manage emotions effectively.- Asset "revesting" focuses on identifying strong trends in the stock market and profiting from them while avoiding the "buy and hold" pitfalls.Technical analysis and indicators can provide valuable insights into market movements and asset performance.Diversification should be based on assets with strong trends rather than spreading investments across different stocks or sectors.Pursuing multiple passions and leveraging opportunities can lead to a fulfilling and financially rewarding life.00:05 - Introduction to asset "revesting" 07:17 - Managing emotions in trading 20:52 - Understanding market trends 29:49 - The importance of diversification 38:60 - Finding passion in financial success Guest: Chris, founder of TechnicalTraders.Com and author of several books on investing.Additional Information:The podcast host, Michelle Perkins, is passionate about helping people achieve financial independence and invites experts to share their insights on the show. Email: michelle@limitfreelife.comChris's alternative investment style, asset investing, aims to achieve higher returns, lower drawdowns, and profit from bear markets.The episode provides valuable advice on controlling emotions, understanding market trends, and making informed investment decisions.For much more on ALL things money mindset, money management, how to earn a great living and take control of your finances… Subscribe to my weekly podcast, Money and You:https://podcasts.apple.com/us/podcast/money-you-with-michelle-perkins/id1365907575?ign-itscg=30200&ign-itsct=podcast_boxPlease give us a 5 star review if you loved the show - it will help us to continue this valuable podcast.And don’t forget to join the Limit Free Life email community for valuable, usable content and to learn about upcoming events: Let’s Connect… https://limitfreelife.com/newsletter/Get to know yourself with money & learn the fundamentals of money management in my signature program. Operate in a new way with money, and everything will open up. Join the “Your Money Date™” program and I’ll help you make the shift. https://limitfreelifeworkshops.com/money-date/I’m excited to offer you a proven way to develop a next level relationship with money that will empower your mindset and financial mastery by “dating your money.” Until you understand how YOU relate to money and what you believe about money, nothing will change. For more information on Limit Free Life & Michelle Perkins: https://limitfreelife.comLinkedIn: https://www.linkedin.com/in/limitfreelife/Instagram: https://www.instagram.com/livealimitfreelifeYou Tube: https://www.youtube.com/@michelleperkins-limitfreel2446

47m 34s  ·  Jan 22, 2024

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