How does everything fit in? What does it mean to practice the adaptive market hypothesis? I have written about the framework, distilled further even and shared the entire process overview. Appreciate the interconnections between them and you will smell the difference between a financial product salesperson from a true financial steward from a mile away.
Before we fit the strategy to the appropriate market condition, we do need to know what are the various strategies out there available. This is different from asset allocation by the way. Some deploy technical analysis, fundamental analysis or even blend them both. But here’s a list, not exhaustive by the way. Lots of different styles to fit different personalities as well. You can google each to find out more and see if it fits you and the market state.
Actually being in the financial advisory industry for close to 2 decades now, people do want mental freedom in their investments or trading. Dollar cost averaging has oft been touted particularly in the ILP (Investment Linked Plans) space. People argue investing is different from trading, which I agree, but apart from time horizons there are plenty of similarities as well. They both involve forecasting, which will forever be a craft. Man can plan, but only God can deliver. There is a lot of attributional bias out there so beware. (When markets are great, they praise their asset allocation but when things sour, they blame the market, so which is it? That is an example of Attributional Bias. It is extremely subtle. Where are the financial crisis dooms day proponents of late yr2018 now?)
My style of writing is not to overwhelm the reader with a diarrhoea of words. Click the links as appropriate to link you up with further related content. There’s always appointment setting for a face-to-face too.