The Martingale
# 29: How (well) to take risks? - Philippe Roux
Description of the episode
“Today we are purely in a context favorable to the creation of speculative bubbles.” Are you a “hothead” who loves to take risks when buying stocks? Or on the contrary, you don't dare. Don't panic, Phil RX gives some tips to learn how to (well) take risks.Our guest of the day: Philippe Roux, better known under the name of Phil RX is the creator of the Youtube channel and the PRO indicators site where he shares the experience acquired during his years of trading. Discover with him how to take good risks when buying or selling stocks, and yes, it is possible. “In investing, you should not be in reverse of the cycle. When you are in the middle of a cycle of growth, economic expansion, inflation etc. you should not try to sell short. ”With Matthieu Stefani, founder of CosaVostra, they look back on Phil's journey and his advice for selling and buying at the right time - understand: crises are not the best times for that. He also gives a lot of advice to avoid exposing yourself to bad risks: # Investments are a matter of timing, and therefore of cycles. And the cycles vary according to the duration of the investments (short term, medium term and long term). They always include: the investment phase, the growth phase and the distribution phase. # You must always have a plan with a deadline when you invest and predict the duration of your investment. # It is always better to seek advice from traders to manage the risk of your investments. # You always have to ask yourself the question of value when you invest and ask yourself how much a share is really worth and not how much you think it will be worth tomorrow. # It is essential to always ask yourself what is the risk in the investments you make. # You should never make decisions with a single variable. It is not necessarily mandatory to sell everything at once but you can sell only part of your shares. Finally, he returns to the Covid19 episode and explains how to react in times of crisis. It's here if you prefer iTunes, here if you prefer Deezer or here if you prefer Spotify. Thanks to Atland-Voisin for making this third season of the Martingale possible. Do not hesitate to make a first meeting with them if you wish to be supported in your investments in SCPI. Contact them on atland-voisin.com.

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