The best way to blow up your account is to trade during a market selloff.
This is the period that crushes many novice traders.
However, it can also be an extremely profitable period to trade, if you know what to look for. Experienced traders know the market signals that lead to “oversold bounces”, and remain patient into those signals present themselves.
In today’s video I analyze the current market selloff and give you three tips to trade a potential market bounce.
You will learn:
- How to identify key support levels.
- The number 1 trait for avoiding losses and prepping for the next big market signal.
- How to analyze market breadth, which gauges the strength of the market bounce.
- Use the T2108 indicator to play market bounces.
Swing Trade Service
This swing trading service is great for those that work and can’t monitor the computer all day. We have in-depth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.
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Follow me, Paul Singh AKA “TheMarketSpeculator” on Twitter or email me at SinghJD1@aol.com
