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Raging Bull podcast: Davis Martin: ‘Pay yourself first!’

RagingBullRagingBull ·

Davis Martin of DailyProfitMachine.com says that at a point when the market isn’t swinging wildly and has been slowly rising, investors have to fight the temptation to let positions run too long, stick with their plans and capture profits and pay themselves first. Noting that no one ever buys in with the perfect timing to capture the high (or the low), Martin suggested that investors ensure that green trades don’t let trades turn red.

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Davis Martin is the head trader at DailyProfitMachine.com. He trades SPY calls and puts and swing trades mid-large cap stocks and stock options. The Raging Bull podcast features experts from the site talking with Raging Bull editor Chuck Jaffe on his show, “Money Life with Chuck Jaffe.” You can learn more about Chuck’s daily hour of market and personal-finance chat at MoneyLifeShow.com; you can subscribe to the Raging Bull podcast via iTunes and other podcast providers.

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